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Asking Price:	$750,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Non-classifiable
Reason for Selling:	Seeks to see the company taken to the next level;
Year Established:	1969
# of Employees:	4 Full Time
Yearly Revenues:	$1,214,429
Yearly Cash Flow:	$162,119

Business for Sale Overview:

This highly unique manufacturing and engineering firm had a great deal of growth potential; it simply needs the appropriate party with a sales and marketing mindset, coupled with working capital (which remains a problem), and some knowledge of engineering to take it to the next level. This firm, established in 1969, enjoys a global market of buyers which it has just begun to explore, as the US State and Federal Government and Universities have been its traditional clients. As such, it possesses a competitive advantage over foreign competition that the Engineer/Owner has not capitalized on. With the appropriate adverting, working capital (average ticket sale is over $130,000), as well as a few key positions taken in-house as opposed to outsourced (e.g. Professional Engineer, welder, etc.), this firm could become a highly profitable money maker with long-term market sustainability overnight.

Property Features and Assets:

The small manufacturing facility operates out of a small, easily relocatable facility (less than 3,000 square feet) that leases for $3,400 per month. The sale comes with the requisite manufacturing, testing and calibration equipment, as well as over $100,000 of inventory or work in progress on hand.

Market Competition and Expansion:

There is only 1 other US competitor, and 3 other major international competitors in this unique market niche. Two of these three are located in Europe, while the 3rd is Asian. The company has a number of avenues for growth. An in-depth opportunity forecast that was developed projected that a $600,000 capital infusion / investment would result in approximately $750,000 in additional incremental annual profits. Initiatives necessary to achieve this include engaging in advertising or marketing, placing bids, attending trade shows, converting the pricing model to be service or lease oriented, engaging international customers, servicing past equipment sold, and carrying inventory on hand, etc. Other areas for growth include national and international expansion into high growth markets that the firm has yet to attempt to enter.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be 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.