Mechanical Design & Engineering Firm System Integrator For Sale

Business description

90% Mechanical Design & Engineering Firm System Integrator For Sale. Mechanical Design & Engineering Firm (with large clientele basis & accounts) & Manufacturing System Integrator is for sale for $2,900,000! This company is elegiable for loans if a overseas company is looking to expand into US. This company was established in 1989 & has 6 employees working in the capacity as independent contractors. Hours of operation are from 8:00am through 5:00pm, 5 days a week. This business is very active & consistently busy. There is some competition in this market, but the possibilities for this business are described by the Owner as good to excellent. The sale includes $4,500,00 worth of inventory & Furniture, Fixtures & Equipment worth approximately $6,900,000. Other assets are valued at approximately $3, 200,000. Owner is prepared to offer support & assistance for up to 12 months & is selling this business due to health reasons & a need to retire. This very successful company has developed equipment & systems for notable companies, their many accounts include but are not limited to (FormFactor, UltraTech Steeper, U.S. Surgical, Sara Lee Bakery, Paxall, Eagle Packaging, Microbar, Thermawave, China Lake Naval Facility with machine shop work off shore in China). Call for more information

Property information

Real Estate:

Lease

Lease terms:

Leased facility has annual lease

Location:

Located in the heart of Silicon Valley, California within close proximity to San Jose Airport & all major freeways. Silicon Valley lies on the San Francisco Peninsula, & radiates from Stanford University between the cities of San Francisco & San Jose, the 'capital' of Silicon Valley.. It is contained by the San Francisco Bay on the east, the Santa Cruz Mountains on the west, & the Coast Range to the southeast. Silicon Valley is the southern part of the San Francisco Bay Area in Northern California, United States. This region originally referred to the large number of silicon chip innovators & manufacturers that were based in the area & later referred to all high-tech businesses. Even though there has been a development of other high-tech economic centers throughout the United States, Silicon Valley remains the leading high-tech hub because of its large number of engineers & venture capitalists.

Premises details:

Leased facility has annual lease

Other information

Expansion potential:

Owners states that the expansion potential of this business is good to excellent

Competition / Market:

Some competition

Support & training:

Owner offers training & support for up to 6 months

Reasons for selling:

Owner has health issues & wishes to retire.

Trading hours:

Seven days a week from 8:00am to 5:00pm

Financing available:

Contact for additional information

Furniture / Fixtures value:

$6,900 (included in the asking price)

Inventory / Stock value:

$4,500 (included in the asking price)