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Businesses For Sale   >>   Manufacturing Businesses For Sale

Niche Electronics Component Manufacturing

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2200000
Net Profit / Cash Flow  $500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1988
Number of Employees  10 - 19
Inventory  90000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Owner will provided transition training
Reason for Sale  Family medical / burnout

Description  
Highly profitable electronics components manufacturer. The Company has been around for over two decades and has an experienced staff. To distinguish the business from the low cost Chinese competition, owner modeled the business to be all about turning product over quickly - speed, efficiency, and quality are the mantras at the Company. Profitability has improved consistently for the last several years as the owner updates the product and margin mix. After a few years of increasing profits on flattish revenues, 2014 is on track to be substantially ahead of 2013 both in terms of revenues and profitability. The Company operates from a 9000 sq ft facility in the Greater Sacramento Area. The location is built for considerable amount of future growth and is operating below capacity. Owner is burnt out due to family medical problems and is looking to retire.


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