The company is a full-service manufacturing business that specializes in building silicon glass and quartz industrial ovens for the annealing process. This business offers wide range of products for the Semiconductor, Fiber Optics, Glassblowing, Ceramics, Chemical and Environmental Industries. The manufacturing facility is fully equipped for end-to-end production of ovens per the customer’s specifications. The company also provides on-site, extremely profitable, silicon annealing services.
With the recent passage of the CHIPS Act, providing a major financial boost to the Semiconductor manufacturing industry, the seller is experiencing strong demand for the company’s ovens and services. The Silicon Annealing process is a vital link in the supply chain of Semiconductor manufacturing.
The CHIPS Act funding will be allocated over the next five years for the construction of domestic semiconductor fabrication plants providing extraordinary growth potential. The company currently has over $1,500,000 oven production orders for the next two years.
The company operates in a 10,000 SF facility located in upstate New York. The real estate is also available for purchase and is incidental to sale of the business. The business is open 5 days a week. It is prices to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition. SBA pre-approval is underway.
• Asking Price: $1,800,000
• FF&E: $250,000
• Annual Cash Flow: $450,000
• Gross Revenue: $1,200,000
• Inventory: $200,000
• Employees: 3 Full-Time
• Monthly Rent: $2,500
• Security Deposit: $5,000
• Down Payment: Negotiable
• Established 1950
Reason for selling: Owner is seeking retirement.
