|
Business Sales
|
Financial Summary
|
General Information
|
|||
Price:
|
$8,000,000 |
Financing:
|
Yes | |
Down Payment:
|
$8,000,000 |
Year Established:
|
1964 | |
Sales:
|
$3,400,000 |
# Employees:
|
23 | |
Cash Flow:
|
$1,300,000 |
Facility Size:
|
22000 sq. ft. | |
Inventory:
|
$700,000 |
Training:
|
2 weeks | |
Inventory Included:
|
Yes |
Reason for Sale:
|
Retirement | |
FF&E:
|
$2,500,000 | |||
Monthly Lease:
|
$21,078.00 | |||
Business Summary Contact business broker for more information regarding this hermetically sealed electronics component manufacturing business located in California serving the aerospace, military, medical, and industrial electronic markets. The business enjoys extremely high profit margins, has an excellent staff, has outstanding documented processes and procedures, and has a state of the art facility. The business is a custom manufacturer of glass and ceramic to metal hermetic packages for electronic components and devices. The business specializes in glass to metal hermetic sealing and is a leader in the manufacture of close tolerance, high reliability, precision machined components made from both conventional and exotic materials. Capabilities and services include: Engineering, utilizing the latest CADD/CAM/CAS technologies; state-of-the-art CNC manufacturing capabilities along with blind hole broaching, CNC E.D.M. hole drilling , and Swiss type machining needed for medical applications. The business has been extremely profitable for many decades and is a one of the most well equipped and fully integrated electronic components and hermetic sealing manufacturing businesses in the US. It is ISO 9000, AS 9001 certified and complies with all MIL SPEC requirements. The business has an excellent customer base that includes major aerospace contractors, medical equipment manufactures, and other businesses needing hermetically sealed electronic components and precision machined electronic components. Current backlog is about $4 million. The business does not do any formal sales or marketing and has opportunities for significant growth. There is excess plant capacity for growth and increases in sales will only require an increase in personnel. The business is being pre-qualified for financing. The owner is retiring but will assist new owners in transitioning the business. Disclaimer BusinessQuest™ (Broker) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity. BusinessQuest™ |