40+ Year CNC Manufacturing Legacy for Sale in Santa Barbara County
Santa Barbara County

Founded over four decades ago, this distinguished CNC machining enterprise has a stellar reputation for its precision engineering and excellence. With a diverse clientele encompassing the Aerospace, Automotive, Medical, and Research and Development sectors, the company has solidified its position as a trusted partner in the manufacturing industry. In 2020 and 2021, the company achieved substantial success, boasting a Seller's Discretionary Earnings (SDE) exceeding $750k annually. Notably, in 2019, the SDE surpassed the $1MM mark, showcasing consistent profitability and financial stability. Despite encountering unforeseen medical challenges in 2023, causing a temporary income fluctuation the seller has now successfully recovered. He is prepared to transition into retirement and committed to ensuring a seamless transition. The business boasts over 20 CNC machining stations, valued at an estimated $1.1MM, providing ample capacity for production and expansion. Coupled with an experienced team and the ability to prototype and mass-produce quality products, the company offers significant potential for further growth and market dominance. This opportunity will not last long.

Listing Number:

23278

Category:

Manufacturing

Location:

Santa Barbara County
$1,500,000

Financial Information:

Gross Revenue:

$1,500,681

Listed Price:

$1,500,000

Down Payment:

$0

Total Income:

$306,027

Year Established:

1983

Lease Information:

Square Feet:

10000

Total Rent:

$0

Lease Expiration:

12/2024

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$1,200,000

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

5

Part-Time Employees:

3

Special License Required:

N/A

Contract Staff:

2

Training Period:

10 weeks

Reason for Selling:

Retiring

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Ryan Roques
Office: (951) 776-5050 | Cell: (951) 776-5050
License #: CA DRE 01518248

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
Ryan Roques
Office: (951) 776-5050 | Cell: (951) 776-5050
License #: CA DRE 01518248

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

40+ Year CNC Manufacturing Legacy for Sale in Santa Barbara County
Santa Barbara County

Listing Number:

23278

Category:

Manufacturing

Location:

Santa Barbara County

Listed Price:

$1,500,000
brokerPhoto
Ryan Roques
Office: (951) 776-5050 | Cell: (951) 776-5050
License #: CA DRE 01518248
Founded over four decades ago, this distinguished CNC machining enterprise has a stellar reputation for its precision engineering and excellence. With a diverse clientele encompassing the Aerospace, Automotive, Medical, and Research and Development sectors, the company has solidified its position as a trusted partner in the manufacturing industry. In 2020 and 2021, the company achieved substantial success, boasting a Seller's Discretionary Earnings (SDE) exceeding $750k annually. Notably, in 2019, the SDE surpassed the $1MM mark, showcasing consistent profitability and financial stability. Despite encountering unforeseen medical challenges in 2023, causing a temporary income fluctuation the seller has now successfully recovered. He is prepared to transition into retirement and committed to ensuring a seamless transition. The business boasts over 20 CNC machining stations, valued at an estimated $1.1MM, providing ample capacity for production and expansion. Coupled with an experienced team and the ability to prototype and mass-produce quality products, the company offers significant potential for further growth and market dominance. This opportunity will not last long.

Financial Information

Gross Revenue:

$1,500,681

Listed Price:

$1,500,000

Down Payment:

$0

Total Income:

$306,027

Year Established:

1983

Lease Information

Square Feet:

10000

Total Rent:

$0

Lease Expiration:

12/2024

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$1,200,000

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

5

Part-Time Employees:

3

Special License Required:

N/A

Contract Staff:

2

Training Period:

10 weeks

Reason for Selling:

Retiring

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.