Design & Engineering Firm With Patents For Sale
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1469000
Net Profit / Cash Flow $800000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 6 - 9
Inventory 11400000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Training Owner offers training & support for up to 6 months.
Reason for Sale Owner has health issues & wishes to retire.
Description Price Reduced! Design & Engineering Firm for sale (with large clientele basis & accounts) & Manufacturing System Integrator Plus Patents is for sale for $3,400,000! This company was established in 1989 & has 6 employees working in the capacity as independent contractors. Hours of operation are from 8:00am through 5:00pm, 7 days a week. This business is very active & consistently busy. There is some competition in this market, but the possibilities for this business are described by the Owner as good to excellent. The sale includes $4,500,00 worth of inventory & Furniture, Fixtures & Equipment worth approximately $6,900,000. Other assets are valued at approximately $3,200,000 & includes very valuable Patents. Owner is prepared to offer support & assistance for up to 6 months & is selling this business due to health reasons & a need to retire. This very successful company has developed equipment & systems for notable companies, their many accounts include but are not limited to (FormFactor, UltraTech Steeper, U.S. Surgical, Sara Lee Bakery, Paxall, Eagle Packaging, Microbar, Thermawave, China Lake Naval Facility with machine shop work off shore in China). Please email or call Jim Baker 321-452-3462 for more information.
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