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CNC Center (Background Image)

Machining, Fabrication & Engineering (Commercial Nuclear, DOD, & DOE)

Southeast
  • Asking PriceNOT SET
  • Revenue$12,986,000
  • EbitdA$4,562,000
  • InventoryTBD
  • FF&ETBD
  • Real estateLeased
  • *Purchase price includes real estate
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CONTACT THE BROKER

Jeff Baxter web
Jeffery Baxter
919-263-2550

Business Description

Owner & Management Team Looking for Strategic Partner

This high-specification machining, welding, and engineering company serves key nuclear clients including utilities, DOE, DOD, naval, and aerospace customers. The business is growing rapidly (up 650% since 2014) and is well positioned for future growth. Attractive multi-year contracts are in place with some extending out as far as 2029.

Ownership will favor strategic candidates targeting the business for addition to an existing platform company. Owner is prepared to roll over equity with qualified candidates.

Investment Considerations:
 Multi-year contracts
Up 650% since 2014
$12.5 million backlog
Several leading accreditations including NQA-1, 10CFR50 Appendix B, ISO: 9001:2015 & AS9100D
Experienced management team in place
Clear strategic plan for company growth
Owner prepared to roll over equity with qualified candidate

MidStreet data room includes a comprehensive written memorandum and video overview. Candidates can access after initial interview and signing non-disclosure Agreement. To learn more, complete the inquiry form on this page.
INVENTORY

Included in asking price.

Furniture, Fixtures, & Equipment (FF&E)

Included in asking price.

EMPLOYEES

40+

Competition

While some competition exists, this company’s unique business model and end-market creates a high barrier to entry and resulting high margin.

GROWTH & EXPANSION

Ready to grow to the next level under new ownership. Growth comes primarily from difficult to acquire accreditations, multi-year contracts, and ongoing customer relationships. Several expansion opportunities exist within current market segment, and the company is well positioned to accommodate future growth. 2022 on track for over $14 million in revenue with EBITDA in excess of $4 million. Current backlog over $12.5 million and extends well into 2023.

Reason for Selling

Owner would like to see the business grow to the next level and wants to work with the new owner to achieve that goal.

 
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Understand Buyer Financing

Almost all buyers will use some type of financing when they purchase a business. If you plan to finance, then you need to know your options. Informed buyers have time to prepare for the buying process, while those who wait wind up slowing down the deal. Don’t wait.
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