Aero Space Industry Contractor
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $4022482
Net Profit / Cash Flow $1141694
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1973
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training 6 weeks at 10 hours per week following close of escrow.
Reason for Sale Retirement.
Description $95,141 Net Monthly Income. No experience necessary. Main government contractor of aerospace related products of all kind. Well established over 34 years. True retirement. Well trained and experience employees run the company. Owner only acts as general manager. The company outsources a substantial percentage of their work to subcontracts. Hence, its capacity to expand is virtually without limitation. With more aggressive marketing, volume can be substantially increased. For the last 20 years, the company has been on a 4-day week, 10 hours per day scheduled. Company employs three individuals who run the company. They have been with the company 18 to 28 years each. Salary of these three employees is approximately $100,000 each. This company could be absentee owner by just adding a general manager and setting goals and incentive for management. The company has high level ISO Certification to be able to bid on large variety of jobs. This is an opportunity of a lifetime for a high caliber executive. The property is also for sale at $3,650,000. Approximately 1.2 Acre with a 30,000 sq. ft. of building. This property is possibly suitable in the future for a shopping center. Email or contact Massoud Javadizadeh at 818-342-5222 Ext. 315 or Arnold Lee at (818) 342-5222 Ext. 310 for more information on this Aero Space Industry Contractor business for sale.
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