Short Run Machine Shop

Price: $880,000

Location: Detroit Metropolitan Area

Industry: Machine Shop Services

Listing ID: CK111223IQ

Status: New

Listing Description

Founded in 1989, this company began its operations by specializing in the production of prototype builds primarily for automotive seating. Over the years, it has expanded its services to encompass low-volume and prototype metal fabrication, with a particular focus on stamping, laser cutting, welding, and assembly.

With a steadfast commi
tment to quality, the company holds ISO9001:2015 Registration and has established strong partnerships with major automotive manufacturers such as Ford, GM, and Lear, as well as various smaller enterprises. This network of relationships has been pivotal in sustaining and expand

ing the company’s market presence.

In its early years, the company’s primary clientele included Lear Corp, JCI, Magna, Ford, GM, and Stelantis, reflecting its deep-rooted connections within the automotive industry. As the automotive landscape evolved, particularly with the rise of electric vehicles, the company strategically shifted its focus towards low-volume production. This move has positioned the company to capitalize on emerging opportunities in the electric vehicle market, ensuring its continued relevance and growth.

Capabilities:

  • Laser Cutting
  • Fabrication
  • Press Room
  • Engineering

Anticipated sales for the year 2024 are projected to reach $1.5 million, reflecting the company’s positive sales trajectory. Additionally, the company’s leadership team is committed to ensuring a smooth transition under new ownership, with a willingness to remain involved in a sales capacity or other roles for a period of 5 to 7 years post-sale.

This company poised for success in the evolving automotive industry landscape. With a proven track record of adaptability, strategic acumen, and commitment to quality, this investment opportunity presents significant potential for growth and profitability.

Listing Details

Total Sales: $2,067,974

Cash Flow: $442,892

EBITDA: $342,892

FFE: $347,950 (Included in Price)

Real Estate: $1,100,000

Training & Support:

Owner will assist in a smooth transition and open to remaining involved with the business after the sale.

Operation

Year Established: 1989

Days & Hours of Operation: Weekdays

Employees: 11

Managers: 2

Location

Lease Option: Option to purchase or lease

Monthly Rent: $11,000/month on Triple Net Lease

Type of Location: Free Standing Building

Square Footage: 17,173 sq. ft – 14,129 sq. ft. manufacturing & 3,044 sq. ft. newly renovated office

Relocatable?: Yes

Facilities Information:

0.90 acres

Summary

Potential Growth:

  • Out-of-state opportunities
  • Diversification beyond automotive
  • Optimal growth mix
  • Outsourcing laser and press work
  • Expand offerings

Financing/Terms:

Open to provide limited seller financing to assist in securing an SBA loan.