Annual Revenue: $2,347,800
Net Cash Flow: $727,445
Location: Norfolk County, MA
For over 25 years this business has designed and manufactured specialty components for customers in the pharmaceutical, scientific and oil and gas industries throughout the world. They have developed deep relationships with original equipment manufacturers that rely on their expertise to deliver integral parts that will go into their products. Close to 30% of their revenue is contracted in advance and delivered over 1-2 years producing a predictable revenue stream. They have virtually no competition within their specialty. This coupled with their commitment to quality design and engineering affords them high margins and loyal customers.
Facilities: Located in a leased facility that houses their office, design, and manufacturing facilities.
Competition: Within their specialty, they have very little competition. They have customer relationships that have spanned more than 25 years.
Growth & Expansion: There is plenty of growth potential within the industries they serve as well as the potential to enter new markets.
Support & Training: The sellers do not perform daily management or operational roles so the transition should be smooth. They are both committed to staying on to ensure a smooth transition to the new owner.
Reason for Selling:The sellers are ready for retirement