Client No. 07082

Business:
A high end, contract machine shop specializing in quality precision milled and turned parts with critical tolerances. The business supplies to major customers in the following industries: medical devices, aerospace/military, industrial, telecommunications, and fiber optics. Facilities consist of a 16,000 sq.ft. M/L manufacturing and office complex situated on roughly 1 acre – there is room for expansion. The business is located in the Middle Atlantic Region.

Sales:

Year Ending December 31, 2006

$3,793,433

   

Year Ending December 31, 2005

$2,529,608

   

Year Ending December 31, 2004

$1,558,377

 

 

Year Ending December 31, 2003

$1,352,433

Employees:
The company currently employs 17 people (14 full-time and 3 part-time) with 13 in operations and 4 in management/administration. The business is a non-union operation.

Reason for Sale:
The owner wishes to retire from day-to-day management of the business and he seeks a buyer who can facilitate future growth. He would be interested in an employment contract for a transition period and possibly beyond.

Terms and Price:
Terms and price are flexible depending upon the structure of the sale.

Fees:
Penn Capital Group, L. L. C. has been engaged exclusively to sell this company and our fee is paid by the seller.

More detailed information will be supplied to serious buyers upon the signing of a confidentiality agreement. A verification of the potential buyer’s financial capabilities will be required. All communication, inquiries, and requests for information should be directed to:

Lawrence N. Blake
Penn Capital Group, L.L.C.
5 Shadow Lane
Chadds Ford, PA 19317

Phone: 610-388-7119
Fax: 610-388-3361

CONFIDENTIAL AND PROPRIETARY