Electronics Engineering Design & Manufacturing Business

Sale Pending

Asking Price$1,500,000

Cash Flow

EBITDA$359,525

Gross Revenue$3,487,237

InventoryNot Disclosed

FF&E$20,000
Included in asking price
listing imageSave

Electronics Engineering Design & Manufacturing Business


Sale Pending

Asking Price$1,500,000

Cash Flow

EBITDA$359,525

Gross Revenue$3,487,237

InventoryNot Disclosed

FF&E$20,000
Included in asking price

Seller Financing Available
Business Description
You must be an Engineer or have an Engineer on your team to buy this business.

SBA Approved. Business will require your own Working Capital of at least $500k.

For 40+ years this electronics engineering and manufacturing company has been providing services for prominent industrial clients. From microcontrollers, RF, digital signal processing to mechanical packaging, software, testing and repair; the firm continues to be the go-to provider to national and regional clients who need solutions to their complex problems. Certified ISO-9001, the company prides itself in providing environmental testing and burn-in services in addition to electro-mechanical manufacturing, including prototype assembly and complete manufacturing documentation. With a robust list of projects underway, the business is primed for continued growth.
About the Business
Years in Operation
45
Employees
15
Facilities & Assets
7000sf Stand Alone Building with Office Space, Lab, and adequate parking. Building is owned by the Seller.
Market Outlook / Competition
The market for outside engineering design services is very strong, there are many small and mid sized firms across the country that provide similar services; however, it is unique to have such experience under one roof. The firm is able to provide, design, prototype, testing, documentation and manufacturing for the products they create.
Opportunities for Growth
Most all business is from word of mouth, there is not a dedicate sales person on board and many of the clients are repeat. There is a great deal of room to grow, with greater new client outreach, active marketing campaigns and trade shows.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,000
Rent
$10,000.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Owner is looking to semi-retire. He no longer wants to manage the operation but would really like to stay involved as an engineer / consultant to help with growth, work on specific customer projects and to continue to fulfill his passion for Electromechanical Design. He will stay on to train a new owner for an extended period of time.
Financing Options
Minimal
Listing Info
ID
1894690
Listing Views
705

Contact Seller

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Business Listed by: Daren Henson Patriot Mergers & Acquisitions

Listing ID: 1894690 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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