Precision machine shop, ISO 9001
Barberton, Akron area · In business since 1988. A thirty-eight-year ISO 9001 shop with five CNC machines, seven people who know the parts and forty customers who keep coming back. Earns its owner about $350,000 a year.
The business
About forty active customers; the top three are 54 percent of revenue, in fastener, pump and food-equipment work, with relationships averaging fourteen years. ISO 9001 certified since 2009.
People. Six machinists and a quality and programming lead; the owner quotes and runs the floor. Average tenure eleven years.
Premises. A 14,000 square foot building owned personally by the owner, offered to the buyer on a lease. The building is a separate matter for the parties and their attorneys.
Hours. Two shifts, Monday to Friday.
Pro forma
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $2,110,000 | $2,029,000 | $1,945,000 |
| Cost of sales | ($760,000) | ($730,000) | ($700,000) |
| Gross profit | $1,350,000 | $1,299,000 | $1,245,000 |
| Operating expenses, including the owner's pay | ($1,217,000) | ($1,181,000) | ($1,141,000) |
| Net income | $133,000 | $118,000 | $104,000 |
| Add back: Owner salary | $147,000 | ||
| Add back: Owner health insurance | $16,000 | ||
| Add back: Depreciation | $46,000 | ||
| Add back: One-time items | $8,000 | ||
| Owner's discretionary earnings, 2025 | $350,000 |
Swipe the table sideways for 2024 and 2023.
Gross margin 64 percent in 2025. Asking price is 4.0 times 2025 owner's earnings and includes equipment valued at about $620,000. Figures are rounded; the owner's tax returns and bank statements are provided to a buyer after the confidentiality agreement.
What is included
- Three CNC vertical mills, 2014 to 2021
- Two CNC lathes with bar feeders
- Surface grinder, saws, a CMM and inspection equipment
- Tooling, fixtures and programs for the repeat parts
- The customer contracts and open orders, the name and the certification
What a buyer will notice
- Quoting is done from experience and a spreadsheet; no estimating software.
- Three customers are more than half of revenue, which the pro forma and the price reflect.
- Capacity exists on the second shift; the owner has turned work away for lack of quoting time.
Role today. Quotes every job and runs the floor; programs on the complex parts.
Handover. Six months full time, then a year of availability for quoting.
Reason for selling. The owner is seventy with no successor in the family.
The asking price includes the equipment at its appraised orderly-liquidation value and the goodwill. Work in process, inventory and raw material are added at cost at closing. A profile lenders finance through SBA 7(a) with the equipment as collateral.
Besides this page: texted to every machine shop owner within fifty miles, sent to the buyers on our list who asked for Akron-Canton and machine shop, and shown to lenders who finance deals like it. The owner gets a weekly text with who looked and who asked.
Tell us who you are and what you can bring. After the confidentiality agreement you receive the owner's name, the address, three years of tax returns and a walk-through.
Ask about this businessBuyers pay LastDayFirstDay nothing. Our fee is paid by the seller at closing.
This profile is representative of the Ohio trade businesses LastDayFirstDay lists. Its figures are a composite prepared from typical one-owner businesses in this trade and do not describe a specific company currently for sale; current listings, with the owner's own numbers, are at lastdayfirstday.com/s. We are not attorneys, accountants, appraisers or real estate brokers.