Electronic Component Manufacturer – Sold
Price: $1,299,000
Annual Revenue: $1,500,000
Net Cash Flow: $437,000
Industry: Manufacturing
Location: New Haven County, Connecticut
The company has been sold, view our other manufacturing businesses for sale. Let us know if you would like to sell your electronic component business or another type of manufacturing company.
This Company designs and manufactures highly specialized electronic components used by numerous manufacturers. This company is an ISO 9001 certified facility and is a Tier One supplier to several major manufacturers that use these components exclusively to manufacture and assemble their finished products. They have specific products for the healthcare market. The company offers a limited number of SKU’s – yet has the ability to supply and configure these components to meet their customer’s specifications and requirements. As a small company, it can offer flexible manufacturing quantities and respond quickly to customer’s needs.
Equipment Value $30,000; Inventory $170,000; and WIP $80,000. Assets About $250,000 to $300,000. (As of June)
Listing Details
Inventory: $170,000
Operation
Employees: 5
Location
Monthly Rent: 2250
Square Footage: 5000
Facilities Information:
Staff: Office staff of (1) and manufacturing staff of 5 people run this operation very efficiently – employees have a current tenure ranging from 5 years to 15 years+/-. The owner has successfully transitioned daily responsibility to the employees and operates in a CEO/CFO capacity. The owner is also active in securing and identifying new highly profitable revenue opportunities.
Summary
Potential Growth:
This company has a database of over 100 clients that are current or have used their products during the last 10 years. At any given time the company is actively manufacturing components for 8 to 10 clients. One key customer makes up a significant portion of the revenue – around 50%.
The company is established over 15 years and is a well known manufacturer in the industry which is a multi-million dollar market. Additional opportunities exist with the current customer base or developing products for new customers. Additional Marketing and promotion of companies’ capabilities would secure additional revenue.
Financing/Terms:
TBD; up to 10% seller financing
Sale Terms/Price: Cash Free, Debt Free, 30-day transition no charge – additional transition, training to be negotiated with seller – reasonable terms for both parties.