BusinessQuest Brokers

Business Valuation • Business Brokers • M&A Brokers
Inland Empire • Los Angeles • Orange County • California

Sell a Business • Valuation

Business for Sale • Exit Plan

(800) 589-1286 Ext: 701

Business Solution

UNLOCKING THE WEALTH
IN YOUR BUSINESS™

Business for Sale:
Aerospace Parts and Components Manufacturer (SOLD)

County: Southern California, CA
Business ID: 18029

Complete Non-Disclosure AgreementPrint this Listing

Responsible Broker: Ron Varner, (310) 200-5680
DRE License No: 01849042

Facebook share icon Linkedin share icon Twitter share icon

Financial Summary

Price: $19,500,000

Down Payment: $19,500,000

Sales: $15,169,000

Cash Flow: $2,076,000

Inventory: $9,000,000

Inventory Included: Yes

FF&E: $3,000,000

Monthly Lease: $37,356

General Information

Financing: No

Year Established: 1980

# Employees: 84

Facility Size: 62000 sq. ft.

Training: 2 weeks

Reason for Sale: Retirement

Business Summary

Contact business broker for more information regarding this aerospace parts and components manufacturing business for sale located in Southern California. The Business was founded in 1980 and is a manufacturer of precision structural components and assemblies for the aerospace, military, and commercial products markets; and is an FAA certified overhaul facility and stocking distributor for aircraft structural components. The Business is fully integrated and provides engineering, tool design, precision machining and manufacturing, sheet metal fabrication, and assembly. The Business utilizes of a very sophisticated production planning, scheduling, and quality control process that assures quality and that delivery requirements are met or exceeded. The Business has an excellent management team and operating staff that provides the ability to plan and control extremely complex requirements from concept to completion. The Business is ISO 9000, AS 9100d, and ITAR certified and is a Lockheed certified manufacturer. It operates from a modern 62,000 sq. ft. complex located in Ventura County. The facility is fully equipped with to do very complex parts and components. The facility is leased from the owners of the business and can be leased or purchased at market rates. The Company serves the market for both the OEM and replacement Products for aircraft and aerospace sectors that includes aircraft manufacturers worldwide, facilities and businesses that overhaul and repair aircraft components and assemblies, the US government and military, and foreign governments. Companies in this industry manufacture and overhaul complete aircraft, develop prototypes and convert aircraft. The industry also includes the manufacture, conversion and overhaul of aircraft engines and propulsion systems. Additionally, the industry makes related parts and auxiliary equipment. The U.S. Department of Commerce, Fabricated Metal Products Manufacturing is the third largest manufacturing industry in the country with annual revenues of about $350 Billion. The Company competes in a sub sector which accounts for about $40 billion in annual revenues. Industry demand is driven by the needs of other industrial companies and therefore linked to the economy. Industry growth is projected between 2 and 3% over the next 5 years. The Business has been very successful since its inception. The current backlog is about $19,000,000 and Inventory of finished parts and WIP is about $9,000,000. Revenue (in current dollars) for US aerospace manufacturing is forecast by DB 1st Research, to grow at an annual compounded rate of 3% between 2018 and 2022, based on changes in physical volume and unit prices. Data Published: However, based on current backlog and customer demand, the business is forecasting a 5.5% growth rate from 2018 through 2021 The Company expects future sales to grow with current and past customers due to the reinstatement of defense and space related programs and growing demand for their products. The Company is concentrating on the aircraft parts and components sector where growth is expected to be 6% or greater over the next 5 years.

Disclaimer

BusinessQuest® (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity.