Business For Sale

Electronic Assembly Design Manufacturer - ISO 9001

Not Disclosed, CT
New Haven County

Asking Price: Annual Revenue:
$750,000 $2,448,241

Manufacturing: Electronics & Technology

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RE: Electronic Assembly Design Manufacturer - ISO 9001 Broker: Bo Prybyla

Quick Facts

Asking Price: $750,000
Annual Revenue: $2,448,241
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 399726891
Broker Reference #: Not Disclosed

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Business Overview:

ISO9001 Electronic Manufacturing Facility with dedicated clients and proprietary products. Company consists of two divisions; Engineering and Manufacturing. Engineering department designs, tests, and develop specific products consisting of PCB boards and Electronic assemblies for specific customer applications. Manufacturing Facility manufactures the designed customer specific product for the client. At present the company serves approximately 20 clients. Facility is currently operating at about 40-50% capacity. Sales in 2014 were over $3.3M with SDE of over $500,000. Total Staff is about 15 employees.

Real Estate: Manufacturing facility is leased, approximately 13,000 square feet at $5,500 a month NNN. The engineering lab and main office is owner occupied. Building is approximately 7,000 square feet and the lab and office space utilizes approximately 3,500 square feet. Building valued at $500,000 and is possibly available for sale.

Growth/Expansion Opportunity: At present the owner has chosen on maintaining the business in a passive manner. Outside sales, attending trade shows, new web site, and targeted advertising could grow the business to prior levels.

Equipment/Inventory : Equipment has a fair market liquidated sale valuation of about $350,000; Inventory is about $450,000.

Reason for Sale: Seller Retirement – age – no family members to take over the business.

Asking Price Includes inventory of $400k minimum, Equipment valued at $350,000, All other assets of the business. Real Estate is additional.

Transition: Ideal individual will have an engineering/manufacturing background. Owner will remain for extended period of time to ensure smooth transition.

Established more than 25 years.

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Additional Details:

  • The property is owned.
  • The owner is not 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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