Manufacturer Of Deep Sea Components
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1500000
Net Profit / Cash Flow $500000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1977
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Excellent.
Reason for Sale Retirement.
Description Owner is retiring. Specialty engineering and manufacturing Company that presents an exciting growth opportunity! Deepwater Oil and Drilling industries are experiencing a steep growth curve. Demand for undersea components is accelerating, with a projected 45% annual growth rate in undersea production forecasted in the next 5 years by industry experts. This companyy?s superior product line meets the needs of oil industry, Naval Defense, and deep-ocean system clients.
The Company serves as a solution provider for deepwater applications, as well as other environments where corrosion, radiation, and/or high-pressure ambient are present. More specifically, the Company manufactures high end, high-technology solenoid valves, various switch types, and actuators for deep sea markets, including off-shore oil exploration and production and Naval Defense applications. Other applications of the Companyy?s products include manned submersibles, submarines, nuclear, and water treatment facilities. Industries served are the Naval Defense, Offshore Oil Deepwater markets, and industries involved in deep-sea drilling, research, and exploration.
The Company's strengths can be summarized as:
- Providing advanced technology products to growth industries.
- Industries served: Naval Defense, Deepwater Oil & Gas, Robotics, Nuclear, Water Treatment, Petrochemical, and others.
- Over 90 product models (and growing)
- Products of high reliability and performance in harsh environments and ocean depths to 20,000 feet.
- The Companyy?s technologies are 10 to 15 years ahead of its competitors
- Customers include Fortune 200 and Fortune 500 companies, as well as government entities.
- Branded name and logo, web site, registered w/CCR (government sourcing)
- Gross profit margins over 60%.
- Future growth potential with newly introduced products.
- AN EXCITING BUSINESS!
Contact for NDA and more information.
Click Here To Contact Seller
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