Precision Optics Mfg-Current yr run rate--$1.8MM+

Not Disclosed, CA

Northern California


Asking Price: Annual Revenue:
$2,100,000 $1,636,778

Manufacturing: Non-classifiable


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RE: Precision Optics Mfg-Current yr run rate--$1.8MM+ Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $1,636,778
Net Profit: $533,987
Cash Flow: $533,987
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1973
Employees: 6
BBN Listing #: 6473931
Broker Reference #: 10061

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Business Overview:

This well-establish Northern California Industrial Optics Manufacturer specializes in custom high precision optical components and optomechanical assemblies. The ideal buyer will have experience in the optics industry. But, the Seller would consider an extended transition period to assist the buyer in taking over and growing the business. Seller says decline in sales for FY ending Sept 2019 is temporary due to some consolidation among customers and sales have already started to pick up. Gross revenue for the first 4 months of this fiscal year are already at $637,000. If trend continues, on target for $1.8 mil. 10061

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Property Features and Assets:

The current lease expires 6/30/2025, A new lease is available, Rent $11,600, 11485 square feet, Hours Monday thru Friday 7:30 am to 4:30 pm

Reason for Selling:

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.

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