Southeast USA
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.
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