$4,900,000 (at cost)
ASTRO is a complex-part precision CNC machine operation, holding AS9100D and ISO 9001:2015 certifications. The Company enjoys great margins and specializes at producing prototypes (20% of sales) and handling low to mid-volume production (80% of sales) for various industries, such as medical, aerospace, robotics, electronics, and more.
In business for over 40 years, the Company offers a variety of capabilities resulting in quality parts serving many long-standing customers. Their customer list includes large companies, universities and research organizations requiring complex solutions. ASTRO provides highly-automated precision solutions, with excellent palletizing capabilities to drive lights-out operations.
The Company is operated by a robust management team and a talented machining staff - approx 20 total employees. Owners will consider growth recap or full sale scenarios. They are open to a significant rollover with proven operators.
Company operates in approx 21,000 with some room for additional growth in their Southeast region. Company has invested heavily in new equipment over past 5 years.
Market Outlook / Competition
ASTRO operates out of a metro area with significant healthcare and technology presence. Ample opportunities for growth with existing customers and new accounts.