40+ Year Profitable CNC Manufacturing Company in Santa Barbara County

Founded over four decades ago, this distinguished CNC machining enterprise has a stellar reputation for its precision engineering and excellence. With a diverse clientele encompassing the Aerospace, Automotive, Medical, and Research and Development sectors, the company has solidified its position as a trusted partner in the manufacturing industry. In 2020 and 2021, the company achieved substantial success, boasting a Seller’s Discretionary Earnings (SDE) exceeding $750k annually. Notably, in 2019, the SDE surpassed the $1MM mark, showcasing consistent profitability and financial stability. Despite encountering unforeseen medical challenges in 2023, causing a temporary income fluctuation the seller has now successfully recovered. He is prepared to transition into retirement and committed to ensuring a seamless transition. The business boasts over 20 CNC machining stations, valued at an estimated $1.1MM, providing ample capacity for production and expansion. Coupled with an experienced team and the ability to prototype and mass-produce quality products, the company offers significant potential for further growth and market dominance. Due to the lease the company would have to be relocated from the current location thus the seller has dropped the price by $230,000 to assist with this expense. This opportunity will not last long.