Precision Machine Shop, Supporting Oil Field.
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Asking Price
$11,000,000
Detailed Information
Harris County, Texas, US
Not Provided
NA
Business Description
Highly profitable precision machine shop established for over 90 years, with a strong focus on supporting the Oil Field Service industry. The business has longstanding relationships with top clients and benefits from substantial repeat business from over 100 loyal clients. Despite no current marketing efforts, the company continues to thrive due to its mission-critical status with key clients. Backlogged orders for 2024 guarantee continued growth and profitability, building upon a successful 2023. The company employs over 30 skilled manufacturing professionals who provide top-notch contract machining services using cutting-edge machines and equipment. Operating out of a spacious 30,000+ sq ft facility, the business is fully compliant with ISO 9001:2015 quality standards, ensuring exceptional service and product quality. The company's listed price includes ownership of the 30,000+ sq ft facility and a $3 million asset value. With a solid reputation, an experienced team, state-of-the-art equipment, and a substantial 2024 backlog, this established business