Machine shop in central Illinois for sale

Available for a qualified purchaser is a well-established machine shop for sale in central Illinois.

Key aspects of the machine shop for sale

The profit-making business specializes in the manufacture of drill and tap parts and parts for large heavy equipment companies. They have an enviable reputation in their marketplace and cater to a significant client base that includes large international companies. This machine shop for sale works with its clients on a long-term contract basis. The biggest advantage of the business is having a direct line with the Caterpillar company which is almost impossible for businesses to attain. That’s why they enjoy a strong financial and competitive edge and their competitors cannot match or bypass them.

The shop for sale provides both small and long product runs tailored to their customers’ specifications. During a pandemic, it was shut down, however, currently, it is getting back to the previous volume. The backlog of orders is now covering 6 months which will keep the business busy all the time and ensures profitability. Tangible assets include a 2,000 sq. ft. shop, 3 CNC machines, lathes, and drill presses that will be transferred with the sale of the business.

The areas of growth would be the following:

• making sales calls to large companies looking for smaller companies to make parts;
• Expansion of service territory;
• Adding sales staff;
• Developing new products.

Further information would be available after Confidentiality requirements have been completed.

*You can also check out other offers for sale in the category “Manufacturing”.