Business for Sale Overview:
Design & Engineering Firm (with large clientele basis & accounts) & Manufacturing System Integrator Plus Patents is for sale for $3,800,000! This company was established in 1989 & has 6 employees working in the capacity as independent contractors. Hours of operation are from 8:00am through 5:00pm, 7 days a week. This business is very active & consistently busy. There is some competition in this market, but the possibilities for this business are described by the Owner as good to excellent. The sale includes $4,500,00 worth of inventory & Furniture, Fixtures & Equipment worth approximately $6,900,000. Other assets are valued at approximately $3, 200,000 & includes very valuable Patents. Owner is prepared to offer support & assistance for up to 6 months & is selling this business due to health reasons & a need to retire. This very successful company has developed equipment & systems for notable companies, their many accounts include but are not limited to (Form Factor, Ultra Tech Steeper, U.S. Surgical, Sara Lee Bakery, Paxall, Eagle Packaging, Microbar, Thermawave, China Lake Naval Facility with machine shop work off shore in China). Hours of operation are seven days a week from 8:00am to 5:00pm. Owner states that there is excellent potential for expansion.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Located in the heart of Silicon Valley, California within close proximity to San Jose Airport & all major freeways. Silicon Valley lies on the San Francisco Peninsula, & radiates from Stanford University between the cities of San Francisco & San Jose, the 'capital' of Silicon Valley. It is contained by the San Francisco Bay on the east, the Santa Cruz Mountains on the west, & the Coast Range to the southeast. Silicon Valley is the southern part of the San Francisco Bay Area in Northern California, United States. This region originally referred to the large number of silicon chip innovators & manufacturers that were based in the area & later referred to all high-tech businesses. Even though there has been a development of other high-tech economic centers throughout the United States, Silicon Valley remains the leading high-tech hub because of its large number of engineers & venture capitalists.
Market Competition and Expansion:
Owners states that the expansion potential of this business is excellent & that there is some competition.
Reason for Selling:
Owner has health issues & wishes to retire.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.