Precision CNC Machine Operation


Southeast USA

Learn About This Business For Sale:

ASTRO is a complex-part precision CNC machine operation, holding AS9100D and ISO 9001:2015 certifications. The Company enjoys great margins and specializes at producing prototypes (20% of sales) and handling low to mid-volume production (80% of sales) for various industries, such as medical, aerospace, robotics, electronics, and more.

In business for over 40 years, the Company offers a variety of capabilities resulting in quality parts serving many long-standing customers. Their customer list includes large companies, universities and research organizations requiring complex solutions. ASTRO provides highly automated precision solutions, with excellent palletizing capabilities to drive lights-out operations.

The Company is operated by a robust management team and a talented machining staff – approximately 20 total employees. Owners will consider growth recap or full sale scenarios. They are open to a significant rollover with proven operators.

FACILITIES
Company operates in approximately 21,000 with some room for additional growth in their Southeast region. Company has invested heavily in new equipment over past 5 years.

MARKET OUTLOOK / COMPETITION
ASTRO operates out of a metro area with significant healthcare and technology presence. Ample opportunities for growth with existing customers and new accounts. 

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Details

Type: Lower Middle Market For Sale

Price: $

Business For Sale ID: ASTRO

Year business was founded: 1980

Leased Property?: Yes

Annual Revenue: $6.5M

Furniture, Fixtures & Equipment: $4.9M

Inventory: $831K

$

Learn More -- Let's Talk!

Broker:

Matt Bradbury

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