Revenue increased in 2020 and 2021

Not Disclosed, CA

Northern California


Asking Price: Annual Revenue:
$2,500,000 $1,903,368

Manufacturing: Non-classifiable


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RE: Revenue increased in 2020 and 2021 Broker: Michael Floorman & Michelle Turner
License #: 01160661

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $1,903,368
Net Profit: $783,732
Cash Flow: $783,732
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1973
Employees: 5
BBN Listing #: 873931
Broker Reference #: 10061

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Business Overview:

Deemed an "Essential Business" during the Pandemic with revenue increasing. This well-established Northern California Industrial Optics Manufacturer specializes in custom high precision optical components and optomechanical assemblies. The seller would consider an extended transition period to assist the buyer. Gross revenue for the first 6 months of this fiscal year is nearly $1 mil. If the trend continues, on target for nearly $2 mil. 10061

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Property Features and Assets:

The current lease will expire on 6/30/2025, a new lease is available, Rent $11,600. 11,485 square feet, $100,000 inventory included in The Purchase Price $200,000 AP included in the Purchase Price. Hours Monday thru Friday from 7:30 am to 4:30 pm.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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