Information About This Listing
This Utah-based company provides precision machining, tool making and injection molding services for aerospace and medical companies. A sizeable portion of its aerospace business is defense-related, including selling direct to the U.S. Government and machining aircraft, rocket and submarine parts.
The Company is ISO 9001:2008 certified, AS9100 Rev C certified, and ITAR registered with U.S. State Department – their Quality Management System and Certifications are valued at $400K. They serve customers across diverse industries – they currently have 75 active customers and a database of 200+ customers. They have a strong, highly qualified management team in place, including four MBAs, one MS Engineering, one BS Engineering, and two 2 BS Accounting. Their stable workforce has an average tenure of 4 1/2 years.
Their current facility has the space and equipment to accommodate growth, which could be achieved by expanding the sales team as well as expanding the current second shift. Price includes FF&E, inventory, leasehold improvements and certifications valued at $4.6 million. Some seller financing is negotiable for a qualified buyer.