Growing Global Manufacturer of Business Products
Location: New York
Industry: Manufacturing > Electronic Components Manufacturing
Financials
Asking Price: $5,500,000
Gross Revenue: $6,000,000
Cash Flow: $1,700,000
Inventory: $1,300,000 (Not Included in Asking Price)
FF&E: $500,000 (Included in Asking Price)
Business Summary
Further growth opportunities abound with this established manufacturer of high tech products and precision parts essential in various growth industries including Energy, Security, Communications and Electronics. This growing company is a sole source provider to very large organizations and generally faces limited competition despite its products having broad applications. Annual revenues and profits continue to expand rapidly. 90% repeat business annually from long-standing customers located around the world. Established many years ago, this company has been a preferred vendor to many agencies of the US government and Fortune 500 companies for more than 40 years. Operating cash flow, exceeding 29% of sales, can be further expanded by increased utilization of operating capacity. Experienced managers oversee day-to-day operations.
About the Business
Employees: 31 full time - 2 part time
Facilities: The business operates from a leased 40,000 square foot modern facility with expansion options.
Market Outlook and Competition: The Company has been a market leader for many years and serves mainly blue chip organizations worldwide. Primary industries served, as well as the overall demand for the Company’s products, are rapidly expanding. The Company has been able to avoid much head-to-head competition for many of its products. However, some companies larger and some companies smaller are equipped to manufacture products similar to some of the Company’s products.The vast majority of the Company’s annual revenues are achieved from repeat business, and the Company does not engage in many marketing programs. Several growth opportunities exist to further expand revenues and profits. Increased sales and marketing activities, cross-selling to existing customers, OEM manufacturing, and expanding products are a few of the global growth opportunities currently available.
About the Sale
Management Training and Support: Day-to-day activities of the Company are not dependent on the owner as trained Managers and staff are in place throughout the operation. Transition assistance available.
Reason For Selling: Owner has personal interests to explore and wants to identify qualified buyers with the capability to continue the company’s success.

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Listing Tools
BizQuest ID:918103
Seller ID:8PTH0621
Business Listed By
Name:Heidi French
Company:Country Business, Inc.
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