Asking Price: $2,000,000

Gross Revenue: $1,300,000

Inventory: $600,000 (Included in Asking Price)

Real Estate: $1,100,000 (Included in Asking Price)

This company manufactures wiring harnesses principally for truck and trailer OEMs. Their typical customers are vehicle manufacturers of heavy trucks/trailers, utility trailers and automovitve conversion industries primarily located in the Northeastern U.S.

Year Established: 1956

Employees: 30 full time -

Relocatable: Yes

Facilities: The building consists of a free-standing 27,000 s.f. structure of which 6,000 is a warehouse addition constructed in 1987. The location is convenient to I-95 and the PA Turnpike. A rail spur ajoins the rear of the property. Management estimates that at the current level of business they need only about 10,000 s.f. of the facility.

Market Outlook and Competition: The U.S.A. truck fleet is aging and is within the normal replacement cycle. The Company is well-positioned in the industry to capitalize on this demand. They also have refocused their marketing effort to shorter run customer work from niche manufacturers, and have identified several markets in which they have not participated in the past. With the adverse cash flow situation in the past they are beginning to experience profitable operations once again.

Management Training and Support: All key managers will stay with the business. The current president will be available for a reasonable transition, or open to an employment agreement.

Reason For Selling: Hamped by cash flow issues over the last few years, which have been addressed, company is seeking new funding for growth. The three issues were 1) the curtailment of business from a long-standing customer, 2) the stock buy-back from a minority shareholder in 2007, 3) a significant customer charge-back in 2005 due to delivery delays.