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Asking Price:	$10,000,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Electronics
Reason for Selling:	Seller would like to spend more time with family.
Year Established:	1999
# of Employees:	30
Yearly Revenues:	$2,403,321
Yearly Cash Flow:	$526,323

Business for Sale Overview:

Electronics manufacturing is an industry, like many others, that has been largely moved overseas by domestic companies looking to cut production costs. However, there is a niche manufacturing segment within the electronics industry that has stayed primarily stateside – prototype manufacturing. This company is strictly involved in this specific segment of electronics manufacturing and has spent the past nine years building a reputation for speed, reliability and quality when it comes to completing these crucial projects for its clients. Clients are, for the most part, not sensitive to price when it comes to prototyping their electronic components. They are much more concerned with a quick turnaround on a product that works properly – they need to make sure all of the kinks are worked out of their product before farming out mass production overseas. This company provides two types of services – turnkey and consignment. Turnkey scenarios come about when a client needs a complete pre-manufactured prototype, taking nothing more than the design to start with. Whereas consignment orders will come with all of the materials needed to do the job and the client simply needs the units built and tested. The company turns consignment quotes within 24 hours and turnkey quotes anywhere from five days to five weeks, depending on the complexity of the job.

Property Features and Assets:

The company owns a 12,000 square feet facility that houses their entire operation. The owner would like to keep this facility and lease it back to the new owner, and he is open to negotiating those terms. He would also entertain serious offers to purchase the property and facility. In addition to several offices, there is a full production floor, shipping and receiving department, lab/testing area a conference room and a production meeting room.

Market Competition and Expansion:

There are only a handful of direct competitors to this company but none can compete with the combination of quick turnaround, quality of work, and price that this firm offers its customers, which is why they have been able to grow so quickly. The current owner sees two distinct areas of potential growth. First, expanding the service offering beyond prototyping to full production. Second, growing outside of the North Texas region to service clients around the country on a larger scale.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.