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Precision Components Company for Sale in Ningbo, China

Full or partial sale: 20-year-old manufacturing business with 15 clients in Ningbo.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 700 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 25 %
Industries Fabricated Metal Products + 1 more
Locations  Ningbo
Local Time 6:36 AM Asia / Shanghai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 4.3 million (Native Currency: EUR 4,000,000)
Reason: Planning to retire.
Also open for the partial sale/joint venture.
Includes physical assets worth USD 540 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business License
Business Overview

- Well-established manufacturing company with a very stable and adaptable workforce.

- Facility has a different range of plant and equipment for various products.

- Business has 15 buyers/clients.

- Clients are from the UK, Ireland, South Africa, Australia, Middle East, and 3 clients for an international market base in China.

- Products are sold to a large range of end users.

- In the last few years, we have seen a slight decline in turnover due to the pandemic and other external factors.

Products & Services Overview

Manufacturing products for telecom line installation, vehicle brake and suspension parts, safety at height products, domestic lighting parts and components. Water reticulation and gas purge weldings, materials used are all metals, plastics, and resin plastics.

Assets Overview

6 CNC lathes of various sizes.

Standard lathe.

NC pipe bender.

CNC pipe bender.

Milling machines 4.

2KW laser cutter CNC.

Induction heater.

Drill presses.

Table lathes 20+

Mig welding plant.

Tig welding plant.

CNC drop saw.

Angle drop saw.

Other drop saws.

Thread rolling machine.

EDM machine.

Plus other associated tools and equipment.

Facilities Overview

Two leased buildings with a total of 1,200 sq m, single floor, close to Ningbo City center.

Capitalization Overview

No debt or loans.

Single shareholder.

100% owned by an ex-pat New Zealander.

Business in 2002 was funded with over $1,000,000 of director's money.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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