Electrical Enclosure Manufacturing Company

Not Disclosed, WA

Puget Sound Region

Asking Price: Annual Revenue:
$1,400,000 $40,000,000

Manufacturing: Non-classifiable

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RE: Electrical Enclosure Manufacturing Company Broker: Charles Morningstar
Owner Financing is Available!
Available with sufficient down and seller approval.

Quick Facts

Asking Price: $1,400,000
Annual Revenue: $40,000,000
Net Profit: Not Disclosed
Cash Flow: $360,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1944
Employees: 14
BBN Listing #: 209832903
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Our client is seeking to be acquired with retirement as the objective, following a negotiated transition period. This company has been located in the Puget Sound region since its founding in the 1940’s. As a legacy company run by the same family for many years, the company was purchased by the current owner, a former employee, in 2015. Experienced, knowledgeable, and committed staff throughout the organization has facilitated strong and long-lasting relationships with both vendors and customers. Primary customers are electrical distributors and electrical contractors with a diverse array of end users including those in the maritime, construction and outfitting, high-tech, aviation, and governmental entities such as the Navy, Army, Coast Guard, NOAA and Departments of Transportation. This is a balanced client profile which provides for stability, even during economic downturns. This company has a long history of revenue growth which has been achieved through well-orchestrated strategic management. If you are a qualified buyer and are interested in learning more, please go to our website to complete the required non-disclosure agreement. Charles Morningstar will follow-up with you to initiate the discovery dialog.

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Property Features and Assets:

Leased facility with just under 10,000 square feet, mostly dedicated to production floor. Preferred location with ample power, parking, and excellent access to highway.

Market Competition and Expansion:

Quite limited. Predominant competitor is located out of state. There are companies located nearby which produce somewhat similar products, but not as custom and specific to intended use. The company has a history of “staying in its lane. That said, there is a huge window of opportunity for this company to expand into other markets.

Reason for Selling:

Heading towards retirement.

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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