AEROSPACE MANUFACTURING COMPANY with RECURRING REVENUE
(Aviation, Aircraft Manufacturing, Aviation, Aviation and Aerospace; Manufacturing, Machinery; Manufacturing, Metal Fabrication; Manufa)
Suffolk County, New York
Listed Price: $ 3,000,000
Listing ID: XC55566
Listing DetailsGross Revenue: $ 2,300,000
Cash Flow: $ 500,000
EBITA: $ 435,000
FFE: $ 1,182,000 (Included in Price)
Inventory: $ 840,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:
OWNER LIVES OUT OF STATE AND CANNOT CONVENIENTLY MANAGE THE BUSINESSAND WANTS TO WORK CLOSER TO HOME.
Training & Support:
SELLER WILL COMPLETELY TRAIN
Listing SummaryBusiness Description:
GROWING AEROSPACE MANUFACTURER/SUPPLIER FOR SALE. Manufacturer/ supplier of top quality aerospace parts and complex components for Prime and Tier 1 contractors, governments and distributers. Company has several long term contracts in-place and has EXPERIENCED DOUBLE -DIGIT GROWTH over the past 3 years and is STILL GROWING. Products include : titanium rotor sleeves, high pressure manifolds, engine components and airframe fittings, subassemblies such as door latch mechanisms,kitted parts and door assembly mechanisms and assembly components.
Historical Summary:
Company in business since 1980 . the present owner purchased the business in 2002. The company has continued to grow under the present ownership.
Owner Qualifications:
BUYER SHOULD BE A KNOWLEDGEABLE BUSINESSPERSON . SALES AND MARKETING ABILITY WOULD BE HELPFUL.
Competition:
VERY MUCH ALONE WITH IT'S CURRENT MANUFACTURING CAPABILITIES AND VERY LITTLE COMPETITION.
Potential Growth:
GROWTH POSSIBILITIES ARE UNLIMITED
LocationOption: 10 YEARS MORE
Lease Security: 10000
Monthly Rent: $ 4,900
Square Footage: 10000
Facilities:
COMMERCIAL HIGH CEILING MANUFACTURING SPACE WITH ADEQUATE OFFICE AND MANUFACTURING AREAS.
OperationYear Established: 1980
Last Acquired: 2003
Employees: Full Time: 13 / Part Time: 1
Absentee Owner: Yes