Leading electrical component manufacturer

Not Disclosed, FL
Brevard County

Brevard County area


Asking Price: Annual Revenue:
$1,575,000 $1,884,650

Manufacturing: Electronics & Technology


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RE: Leading electrical component manufacturer Broker: Bradley Carpenter
Owner Financing is Available!
Negotiable, $1,185,000 Lender Pre-qualified.

Quick Facts

Asking Price: $1,575,000
Annual Revenue: $1,884,650
Net Profit: $709,908
Cash Flow: $724,584
Total Debt: Not Disclosed
FF&E: $93,157
Real Estate: FL
Year Established: 1987
Employees: 4
BBN Listing #: 699145422
Broker Reference #: 40902199

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Business Overview:

Provides specialized design and manufacturing services of high quality electrical products to a global client base. 30+ year old business continues to experience strong growth. Considered a world leader in the production and design of teleprompters serving the broadcast industry. Manufacturing is on an exclusive contract basis to a leading world-wide distributor. Company also produces specialized monitors and highly sensitive displays for electronic controls and circuit board assemblies. Staff is also engaged in select repair services. Sale includes transfer of intellectual properties. Annualized financial performance report as of 11/18/19. Detailed confidential summary available. Lender Pre-qualified.

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Property Features and Assets:

Facility is available for purchase ($457,500) or lease ($7.75/Square Feet NNN). Building consists of 5,000 Square Feet warehouse/flex-space located on 0.34 acres with direct frontage along primary north-south highway. Building is broken out into 3 components: 1). 1,250 Square Feet office build-out, 2).2,500 Square Feet production facility under air and 3). 1,250 Square Feet storage area (non-A/C). All rooms are fully insulated with building recently updated with new roof and entrance awning.

Market Competition and Expansion:

1. Niche business- world leader. 2. Product sales (teleprompter) concerntration, but growing segment. 3. Exclusive distribution agreement (teleprompter) with industry leader. 4. Requires IT/Software skills. 5. Updating of broadcasting systems in cycle. 6. Global sales and service focus. 7. Opportunity to leverage expertise and products to alternative users.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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