GLOBALLY RECOGNIZED ELECTRONIC MANUFACTURER WITH STATE OF ART FACILITY IN NY SEEKS IMMEDIATE SALE
(ELECTRONICS, MANUFACTURING)
NASSAU, NEW YORK
Listed Price: $ 6,000,000
Listing ID: XCNY204101
Listing DetailsGross Revenue: $ 6,500,000
Cash Flow: $ 3,000,000
FFE: $ 100,000 (Included in Price)
Inventory: $ 500,000
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED
Listing SummaryBusiness Description:
Globally recognized leader in manufacturing focused on production of a wide variety of highly engineered trimmer capacitors
for the semiconductor, aerospace, defense, automotive, RF and communications industries.
Products are used in radar systems, semiconductor etching equipment, MRI equipment, satellites, airplanes, electric vehicles, mobile phone base stations, laser systems and other products requiring high voltage trimmer capacitors.
Only Military approved trimmer capacitor company in the world. The production facility has been surveyed and approved by the Department of Defense, and numerous customers.
Growth rate over 100% year over year due to increased demand for new high tech projects and applications.
Continued forecasted growth rate sustainable due to long standing customer relationships, blanket orders currently in the backlog and pending multiyear contracts with customers.
Historical Summary:
In business since 1972 and the company is on a "Preferred Vendor List" with many Major Electronics manufacturers and Major Name Clients.
Owner Qualifications:
Business Experience
Competition:
Extremely Limited
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationOption: YES
Monthly Rent: $ 14,000
Square Footage: 15000
Type of Location: Commercial
Facilities:
5000 Square foot manufacturing facility in an Industrial Park.
Space includes Ample offices, warehouse and loading dock.
OperationYear Established: 1972
Days & Hours of Operation: M-F 8AM -5PM
Owner Hours: 40
Employees: 16
Managers: 1
Absentee Owner: No