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Listed by:

American Business Brokers

Manufacturing Quartz Glass For Electronic Industry For Sale

Colorado, US
Asking Price:
$825,000 Furniture / Fixtures included
Sales Revenue:
$1M - $5M
Cash Flow:
$420,000

This company is located in Colorado. They are a highly-reputable company performing work for both smaller and larger companies like Texas Instruments since 1988. This is a very unique opportunity as the owner is retiring. The owners have built a company with a great reputation and high integrity and have provided excellent service to their customers. They employ only the highest-trained employees in the industry whose goal is to make this the best quartz fabricating company in the country.

The owners are older and have been running the company without any extensive business background but have been successful. The company needs some “new blood” ie; a new owner to take charge of administration and operations and take the company to the next level. They have a sales person who has been there for many years but has to spend a portion of his time helping to manage the plant. All the equipment is in place for this company to increase sales up to several million dollars annually. A full-time sales person could be very instrumental in this endeavor.

The company leases its 18,600 square foot facility from the owner and it is to be sold along with the business. Orders are coming in on an accelerated basis as the microchip industry is growing. The new AI industry is poised to have substantial growth during the next few years which should mean a substantial increase in orders. $5 million sales annually is not beyond reason. The sales/order backlog as of the date of this listing is $2.8 million which will allow a new owner to get off to a great start. The company is constantly bidding for new projects.

Property Information

Real Estate:

Real Property Included

Location:

THIS COMPANY IS LOCATED IN AN INDUSTRIAL PARK IN COLORADO SPRINGS, COLORADO

Premises Details:

18600 SQUARE FEET

Size in square feet:
18,600

Business Operation

Expansion Potential:

EXCELLENT POTENTIAL. ADDITIONAL LONG-TERM CONTRACT IS AVAILABLE WHICH COULD INCREASE REVENUES AND PROFITS SUBSTANTIALLY.

Competition / Market:

SPARSE

Reasons for selling:

RETIREMENT

Trading hours:

8/-5

Employees:
20
Years established:
1988

Other Information

Support & training:

30 DAYS BUT AVAILABILITY BY PHONE OR EMAIL AFTERWARD

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

OWNER WILL FINANCE INVENTORY

Furniture / Fixtures value:
$500,000 - included in the asking price
Inventory / Stock value:
$350,000