Industrial Controllers For Utilities & Laboratories
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $700000
Net Profit / Cash Flow $170000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1977
Number of Employees 6 - 9
Inventory 180000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Owner Semi Retired.
Reason for Sale Continuation of Business.
Description Well Established company has 2 divisions;1. Scientific niche Programmable Logic Controllers, 2. Sense and control for gas and electric Utility companies. The product line produces superlative products with documentation packages that are crisp and clear. Founded 30 years ago by the owner, this company has a well recognized position in the scientific community for PLC's, introduces new product on a regular basis and continues to have a steady flow of orders. The second division has a line of Gas mains pressure sensors tied to a CDMA network as well as substation ground voltage differential sensors to reduce corrosion of substations from dielectric disturbances. The general consensus in the US alone is that there are 500,000 potential installations for this equipment at (X)$'s Principal is managing and directing overall operations. There are 2 1/2 engineering / programmer / technical people and an all around office manager. Production capacity is managed through combination of outsourcing and final assembly of product in house. The direct cost of materials is very stable and the ramping process for increased sales will not necessitate an increase in engineering staffing. The product line utilizes standard COTS (commodities off the shelf) practices. Components are selected to be incorporated into product that have long duration availability, durability and are capable of being modified for specific appl9ications. The software utilized is geared towards being applied to known long term embedded microprocessors and has direct lineage and portability to previous models installed in the field. An Entrepreneur with technical engineering savvy, management abilities and marketing acumen would be a perfect candidate for this established business. Contact for more information on this Industrial Controllers business for sale.
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