Proprietary controls and electronics manufacturing services
Business Description
This Midwest US company designs, manufactures, assembles and tests a variety of electronic and electromechanical products. It manufactures custom controls and actuators of its own design; assembles, reconfigures and reworks Server cabinets ,UPS systems and related IT products for customer accounts; and produces wire harnesses and printed circuit board assemblies not of its design but that utilize its diverse manufacturing capabilities. Sales are to OEMs including fortune 500 manufacturers in computer server infrastructure, recreational vehicles, work and over the road trucks, portable power equipment and office equipment.
About the Business
- Years in Operation
- 40
- Number of Employees
- 17
- Facilities & Assets
- All the furniture, fixtures and equipment used in the business will be included in the sale free and clear of all liens. A complete equipment list will be provided to buyers pre LOI.
- Market Outlook / Competition
- Sales are generated by referral due to the company’s nearly 40-year reputation for providing high quality manufacturing and assembly solutions to customers who need to efficiently meet supply and demand requirements. The company has achieved a national reputation for a wide array of unique in-house manufacturing and assembly capabilities. Marketing these advantages to new and existing customers is a significant growth opportunity. The Company currently sees renewed interest in US based manufacturing as customers look to fill AI demand with supply chai
- Opportunities for Growth
- This is expected to be an excellent opportunity for a strategic buyer with complementary product lines looking to add capabilities. The seller provides engineering support for occasional technical issues and quoting but spend much of his time away from the business. The business should benefit from a full-time manager in place.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 60,000
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The owner will assist the buyer during a customary transition period.
Listing Info
- ID
- 2359058
- Listing Views
- 898
Listing ID: 2359058 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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