Sold. Specialty Precision Parts Manufacturer

This business for sale is a privately owned and operated precision parts manufacturing operation that specializes in close tolerance high tech components for the oil/gas industry within the high growth oil fracking niche. Exceptional EBITDA margins of 34% on $30MM annual revenue. Over $428,000/employee revenue, over $1MM/CNC machine revenue, and extraordinary measures as to other performance metrics make this one of the strongest companies in its industry. Near-zero defects (only one order returned in last two years). Competitive world pricing as it is so efficiently managed. Very quick delivery vs its competitors. Actually turning away some prospective customers. The Company is ISO-9002 compliant and exceeds MIL-I-4520BA standards. Advanced technical skills are combined with state-of-the-art CNC mills and lathes in all production.

Expansion Potential
The Company is well positioned to capitalize on its excellent industry reputation and the positive prospects forecast for the industry. The Company’s 33-year history of providing state-of-the-art specialty parts production for its customers will be the key to its continued growth and success. Full-year 2012 revenue is projected at $30 million. This positive outlook is well supported by solid year-to-date May 2012 financial results and by strong conversations between company management and its largest customers. Management envisions the following opportunities for growth:
• The Company’s largest customer has given it a 99.5% "quality control" rating. In the oilfield services industry, most companies would like to order equipment and parts from the highest quality producers so that inspection time is reduced to a minimum and they can achieve what's known as a "dock and stock" inventory solution (again, minimum inspection process for maximum results).
• The Company now has the opportunity to win substantial additional business from a broad range of prospective customers. Given sufficient capital, new equipment can be purchased that will help satisfy this additional demand.
• The Company has demonstrated its advanced capabilities repeatedly over the years to produce outstanding margins and it will do so consistently in the foreseeable future.