Established in 1952 this FAA/ISO certified company designs & manufactures cargo loading systems, Quick Change systems and related precision components, seat and floor panels, barrier nets, etc. for major airlines, airframe manufacturers, and air freight companies and military aviation. They also operate as FAA certified repair station. It also works with major companies in the automotive, medical and electronics fields.
The company works from a 40,000 sq. ft. facility and has ample room to expand future operations. Their major clients include Boeing, UPS, Fedex. Gross revenues are projected to grow by almost 50% over previous year in a niche market with limited competition and very little chance of new competitors coming in due to strict licensing requirements.
Sellers were unable to procure two large orders due to their limited working capital. Investors with substantial working capital arrangements can grow the business considerably and can take the company to the next level. State of the art equipment including computer systems acquired in 2013, plant & machinery worth over $1,000,000 and inventory of about $1,800,000 is included in the asking price. Buyers willing to execute a specific confidentiality agreement and having relevant industrial experience with substantial financial capabilities will only be considered.
For more information, please call/email Arnold Lee at 818-342-5222 Ext 310 or Mike Jasani at 818-723-5150.