School Providing Electronics Manuf. Training

Not Disclosed, WA
Clark County

Asking Price: Annual Revenue:
$750,000 $768,163

Services: Education & Training

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RE: School Providing Electronics Manuf. Training Broker: Iain Mackie

Quick Facts

Asking Price: $750,000
Annual Revenue: $768,163
Net Profit: Not Disclosed
Cash Flow: $172,060
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 110752348
Broker Reference #: 062221-498906

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Business Overview:

This business fills a growing need for skilled personnel in electronics manufacturing. It provides training to IPC electronics industry standards and certifies student’s skills to those standards for a full range of soldering, cable and harness assembly and manufacturing inspection tasks. These standards are mandatory in Defense, Aerospace, Automotive and Medical electronics and popular in quality industrial and commercial applications.

Hands on and classroom instruction is provided by experienced instructors either at the company’s facility or customer’s location. Primary clients are manufacturers onboarding new staff, enhancing the skills of existing staff or re-certifying experienced staff. Professional consulting services are available and training programs can be customed to individual client needs.

The current owner is no longer active in the business.

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Property Features and Assets:

Founded in 1997 in California this business relocated to Washington State in 2002. The founder began his career in electronics while serving in the US Coast Guard. He leveraged this experience into a professional career in education and electronics manufacturing culminating in the founding and running of this business which has grown to be one of the largest and most prolific independent schools of its type in the region. Ill health prevents the owner from being active in the business and is driving this sale.

Market Competition and Expansion:

There are no other schools that provide this level of training in the region. This is a highly reputable school with a solid base of repeat customers who rely on them to meet on-going training needs for new and existing employees. Graduates from this company’s training classes are in very high demand. The economy in general has low unemployment and high turnover. The electronics manufacturing sector is especially hard hit. The need for new workers is continuous. At the same time supply chain and shipping issues are causing many businesses to look at on shoring critical manufacturing activities. The US government recognizes the sustainment of critical technical infrastructure as a national priority, particularly for defense related technologies. The US Innovation and Competition Act and the CHIPS for America Act provide $52B of federal funding which is expected to foster even greater private funding. This will drive a greater need for workers with the skills that this school provides. Current marketing activities are very limited. Most business comes to the company through repeat engagements with existing clients, or through referrals. Last year’s advertising budget was less than $7,000. No current staff members have a full time marketing remit. A new owner investing this area could drive increased demand. Part of this business involves providing training at client sites. Necessarily therefore the team knows exactly what they need to provide their services. Routinely they put it in a box and ship it. Expanding company activities to other locations and other regions is also therefore an exactly understood proposition.

Reason for Selling:

Poor health.

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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