Circuit Board Assembly

Not Disclosed, MN
Anoka County

North metro


Asking Price: Annual Revenue:
$95,000 $106,300

Manufacturing: Electronics & Technology


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RE: Circuit Board Assembly Broker: Bill Kraemer
Owner Financing is Available!
Seller willing to finance a small portion of sale to a qualified buyer.

Quick Facts

Asking Price: $95,000
Annual Revenue: $106,300
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $107,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 2
BBN Listing #: 297240231
Broker Reference #: 8486 b.k.

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Business Overview:

Electronic Assembly Services located in the suburbs of the Twin Cities. This company was established in 1992. The company provides many services, which include, printed circuit board assemblies (single and double sided and multi-layered boards, both SMT and Thru-Hole assemblies, controlled and differential impedance boards, box build, panel assemblies and test fixtures, high pitch BGA layouts and development of PCBs with high current/voltage. They also do turn- key, which is when they buy all the materials and assemble. They offer kitted, in which case the customer supplies materials. The company enjoys a good reputation and solid clients. The electronics industry is predicted to increase due to China/shipping issues. They serve Agriculture, Aviation, Electronics, Food, Healthcare, Military and more. Daily responsibilities of the owner include sales & marketing, purchasing, accounting and involvement with engineering decisions from time to time. This company is perfect for anyone looking to own a small business with endless potential.
FACILITIES: 4,200 square feet leased space. Rent is $2,910.00 plus utilities. The seller feels that this facility could double in sales without increasing the square feet or equipment. Lease expires July 31, 2022, with an option to extend.
EMPLOYEES: The business has a staff of two part-time employees (both do assembly work).
REVENUE: Revenue in 2021 was approximately $106,287, 2020 was $75,360, 2019 was $130,355, 2018 was $199,329.
ASKING PRICE: The asking price for the business is $95,000. Included in the price but not limited to are the furniture, fixtures, and equipment (value of approximately $107,000). Long term Client List, Website, Goodwill and Business Name. Seller willing to help set up the equipment and program machines so a buyer can start using it on their existing builds (locally only) and offer virtual technical assistance on equipment for 3 months at no charge to buyer. Inventory which is valued at $5,000 (at cost) is included as well.

REASON FOR SALE: Family, seller will provide the necessary training to insure a smooth transition.

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Property Features and Assets:

4,200 square feet leased space. Rent is $2,910.00 plus utilities. The seller feels that this facility could double in sales without increasing the sq. ft. or equipment. Lease expires July 31, 2022, with an option to extend.

Market Competition and Expansion:

With everything going on with China, the US market is going to open up!

Reason for Selling:

Family

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.

Relevant Links:

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