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Business For Sale
SALE PENDING - ELECTRONIC COMPONENT ASSEMBLY
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Asking Price: |
$320,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Electronics
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Reason for Selling:
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Owner borrowed money from in-law to purchase. |
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Year Established:
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1989 |
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# of Employees:
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1 |
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Yearly Revenues:
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$330,000 |
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Yearly Cash Flow:
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$133,461 |
Business for Sale Overview:
SALE PENDING - Very profitable electronic components assembly company is perfect for a one-person operation! Historic financial information indicates that a sole owner/operator could NET around $100K per year AFTER ACQUISITION LOAN PAYMENTS! The assembled controls are specific to the spa industry, and the profit margin is very high. The business can be easily relocated. Currently the ownership is an absentee owner; He needs to sell because of family health issues. With only $64K down, the balance can be financed over 10 years (this has been conditionally pre-approved by a national business acquisition lender).
Property Features and Assets:
Business can be moved from current facility, and operated in approximately 1,000 square feet.
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.
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