Business For Sale Listing 154799
Manufacturing/Engineering Firm Catering to US/Intl
Status as of Nov-21-2008 at 05:59 PM: Active
Business Summary
This highly unique manufacturing and engineering firm had a great deal of growth potential; it simply needs the appropriate party with a sales and marketing mindset, coupled with working capital (which remains a problem), and some knowledge of engineering to take it to the next level.
This firm enjoys a global market of buyers which it has just begun to explore, as the US State and Federal Government and Universities have been its traditional clients. As such, it possesses a competitive advantage over foreign competition that the Engineer/Owner has not capitalized on.
With the appropriate adverting, working capital (avg ticket sale is over $130,000), as well as a few key positions taken in-house as opposed to outsourced (e.g. Professional Engineer, etc.), this firm could become a highly profitable money maker with long-term.
The small manufacturing facility operates out of a small, easily relocatable facility (>3,000 sq. ft) that leases for $3,400 per month. The sale comes with the requisite manufacturing, testing and calibration equipment, as well as over $100,000 of inventory or work in progress on hand.
There is only 1 other US competitor, and 3 other major international competitors in this unique market niche. Two of these three are located in Europe, while the 3rd is Asian.
An in-depth opportunity forecast that was developed projected that a $600,000 capital infusion / investment would result in approximately $750,000 in additional incremental annual profits. Initiatives necessary to achieve this include engaging in advertising or marketing, placing bids, attending trade shows, converting the pricing model to be service or lease oriented, engaging international customers, servicing past equipment sold, and carrying inventory on hand, etc.
Owner seeks a long term employment contract for himself and staff to assist in implementing growth strategy as he truly seeks to see the company taken to the next level.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,214,429) |
| Profits: |
Between $100 Thousand and $500 Thousand ($162,119) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $500 Thousand and $1 Million ($750,000) |
