RETIREMENT . This Company is led by two stockholders.  The president and majority stockholder   wishes to sell his entire stake in the company for retirement. The vice president and minority stockholder wants to retain his 15% equity stake in the company post close and wishes to remain with the company for many years to come.

 Full training and support. The exiting owner has agreed to remain with the company for a one year transition period after the sale.

This Company manufactures very expensive top quality production tools & equipment for major Aerospace and Electronics Manufacturers. Their products focus on design, construction, and assembly of electronic components and circuit board assemblies.  They are also top producing exclusive distributors of foreign produced manufacturing equipment.

They have  customers and agents(reps) across the globe  that sell to 17 different countries and some of the most prominent  corporations in the world like NASA, Lockheed Martin, Northrop Grumman, Boeing, GE, Raytheon,  Honeywell,  Motorolla , and the list goes on. This business has more than 300 Active customers. Their customers end-use industries include: Military Satellites, Defense Electronics, Automotive, NASA Satellites, International Aerospace, OEM’s, and Computers & Electronic Products.

Their business model consists of four main revenue streams.

1) Production of equipment used to manufacture electronic components and printed circuit boards.

2) Domestic distributor for foreign equipment manufacturers seeking access to the U.S. market

3) Performing insourced fabrication services for companies not looking to purchase the equipment.

4) Providing equipment repairs and parts in support of tools that were purchased from them.

Products include Tooling Hardware, Presses ( Servomechanism & Compressed Air), PCB Racks, and PCB Fixtures, Robotic Soldering, Hot Bar Soldering and Depaneling Equipment.

IN BUSINESS SINCE 1972 AND A LEADER IN THEIR NICHE.

  Business Experience with a strong aptitude for SALES!!

 RARE ! This Companys competitive advantage lies within their knowledge, reputation, expertise, and experience. Their customers have established major confidence in them thus earning them an excellent reputation in the electronics industry and with other manufacturers.  Their “Blue-Chip” customer base is evidence of this.  They pride themselves on a high level of responsiveness in concert with competitive pricing- as an added reason why they have grown at rates much faster than the competition.  They also have key competitive tactics within their particular product lines.

 UNLIMITED ! A significant number of their products currently address only a fraction of their respective addressable markets. A new owner is capable of increasing revenues substantially by adding  relentlessly marketing  current and new product lines and moving the company in the future to a larger facility. They have established excellent distribution channels creating an opportunity to represent additional manufacturers. They are currently an exclusive distributor for North America for a major Asian Company that has UNLIMITED potential in the U.S. , Mexico, and  Canada.

NEGOTIABLE.

  This businesses office and plant are located in a 12,000 square foot leased facility, comprised of about 2,500 square feet of office space and 9,500 square feet of factory space all located on one floor. They have cutting edge manufacturing tools that are superbly maintained. Both the shop and office is very noticeably clean, efficient, and organized. Most aspects of the operation are computerized using QuickBooks Enterprise 12.0, CAD (Computer Aided Design) program for EDM (Electrical Discharge Machining) and CNC ( Computer Numerical Control). They just purchased SolidWorks which is the leading 3D CAD software package and is in the process of transitioning to that system to add to the company’s engineering and design capabilities.