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Businesses For Sale   >>   Marine Businesses For Sale   

Patented Electroplating Technology & Facilities

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2012
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  2 weeks
Reason for Sale  Health reasons.

This unique electroplating company has developed, owns, and is selling a new and proven technology that can electroplate certain exotic metals, alloys, and other inorganic coatings onto conductive and non-conductive substrate materials. The Seller says that a practical, commercial coating method for these specific metals has not been available until now. The patent is pending, expected to be issued in Jan 2015. This process is much cheaper than other existing deposition methods (vapor deposition), opening the opportunity to offer metal coatings for many applications that may require lightweight, corrosion-resistance, bio-compatible/non-toxic surfaces, high temperature, or electrical conductivity. Industries that could benefit include aerospace, medical devices, marine, automotive, consumer goods, and defense applications. Seller has recently assembled and is currently operating a new facility for production batches, including a bank of twenty 25-gal tanks, and various materials testing equipment. This company has achieved the highly desirable Nadcap certification, with strong quality control procedures in place. This company has developed the ASTM standard for electroplating this metal. Large commercial contracts for doing production runs for specific applications are currently being negotiated. The Seller is the inventor of the technology and is willing to stay on if desired. The Seller has invested $1.6M into this company to date in order to develop and demonstrate the technology and intellectual property, has put together the production facilities, and quality control procedures, and has begun the process of contacting future and potential customers. A trained team is in place including: chemist, QC engineer, plating operator, facility manager, and purchasing. Health issues force the sale. Asking Price: $1,800,000. Call Chris Seaman 858-254-9985 for details.

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