Thriving Electronic Instruments Calibration / Repair
Location Kentucky,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $735000
Net Profit / Cash Flow $265000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1976
Number of Employees 6 - 9
Inventory 350000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training negotiable
Reason for Sale ages of Sellers
Description Thriving Electronic Instruments Calibration & Repair - This very solid Central Kentucky business serves customers across the USA, Canada and in several foreign countries. It has been in successful operation for 38 years. As a result of its great performance, including providing fully NIST traceable calibrations, and the resulting highly favorable reputation, the company is able to charge good prices, resulting in consistently very profitable performance. The company continues to add excellent new customers as well as retaining their many existing outstanding and satisfied customers. The development and retention of a loyal and veteran staff has helped the company to more easily and consistently sustain their high level of performance. The Sellers have lined up considerable additional profitable business in the more conventional dimensional, force, temperature, pressure and torque calibration areas, but they would prefer that new Owners undertake this business diversification. The Sellers are very interested in selling this fine business due to their ages.
Furniture, Fixtures, & Equipment: $ 250,000
Vehicles and / or rolling stock: $ -0-
Inventory: $ 100,000
Accounts Receivable (if included): $ -0-
Land and Building (if included): $ 250,000
Other Assets: $ -0-
Current Liabilities to be assumed: $ -0-
Current Notes to be assumed $ -0-
Asking Price: $ 1,100,000
Down Payment: $ 220,000
Annual Sales Volume: $ 735,000
Cash Flow: $ 265,000
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