The business manufactures for around 20 large companies which includes the U.S. Military. Most of the products this business produces have patents which are used on equipment being manufactured for the U.S. Military through at least 2045. They also serve industries such as Motion control, Personal Mobility, Industrial Power Assist, and numerous additional applications in robotics, film & stage effects, and special effects.
- Asking Price:
- $9,700,000 Furniture / Fixtures included
- Sales Revenue:
- $8,909,951
- Cash Flow:
- $2,509,295
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The facility can either be leased, purchased or the business can be moved to a new location. Ideal amount of space would be 4,500-6,000 square feet.
Business Operation
- Expansion Potential:
-
This coming year the business will increase with 3 new products going into production.
- Competition / Market:
-
This company is the Sole Approved Source for their products. There is no one that can come in and compete on their products.
- Reasons for selling:
-
The owner is retiring. The owner has not been involved with the day to day operations of the business.
- Trading hours:
-
Monday-Friday 8am-5pm
- Employees:
- 4 FT/1 PT
- Years established:
- 22
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Furniture / Fixtures value:
- $250,000 - included in the asking price
- Inventory / Stock value:
- $519,978
- Relocatable:
- This business can be relocated.
