This company designs and builds precision tools, dies & component parts. Their niche is engineering & manufacturing quality, specialized custom tooling, typically in a short lead time. They have been designing & building tools & parts for their largest customer for nearly 20 years. The company’s strengths are their quick response to their customer’s needs and the quality of their workmanship. The owner believes that sales could be increased substantially by hiring an outside salesman experienced in machining to target manufacturing companies that are located within 100 miles of their plant and have high volume production needs.
With a cash flow (EBITDA plus owners benefit) of nearly $500,000 and seller financing with 33% down, this business is a great opportunity for someone with a manufacturing or engineering background.
Click here to read more about this tool & die manufacturing business for sale from VR Business Sales, Mergers & Acquistions Charlotte.
Please call GREG WHITE at 704-561-2503 or email gwhite@vrcharlotte.com.