Irradiator System Manufacturer & Service Provider

Description:
The Company is an equipment manufacturer and installer of radiation systems and accessories, including teletherapy systems, calibration trackers, and dose tracking software. The Company provides end-to-end manufacturing and installation services. The Company provides equipment and services to customers globally, focusing mainly on government sectors, scientific research, aerospace, and agriculture.

Key Aspects:
• Revenue Growth: The Company's revenue has grown at an impressive compound annual growth rate (CAGR) of 35.8% from 2021 to the trailing twelve months (TTM) ending September 30, 2024.
• High Gross Profit Margins: From 2021 to 2023, the Company averaged a gross profit margin of 49.7%.
• Robust Open Contracts: As of November 28, 2024, the Company has $5.7MM in open contracts.
• Knowledgeable Staff: The Company's staff has extensive experience, with the owner boasting over 40 years of experience engineering and designing these irradiators.
• Recurring Client Revenue: The Company's irradiators require specialized servicing and source reloads. According to management, this service requires specific licensing and can only be performed by the Company's engineers, resulting in high customer retention and steady recurring revenue.

Opportunities:
• Expand Footprint in the Scientific Industry: Leverage the Company's network of national and international laboratories to attract more laboratory customers and increase long-term service contracts.
• Scale Operations: Invest in additional engineers, real estate, and materials to increase production and meet the growing market demand.
• Engage New Industries: Target new markets, such as nuclear power production, which can utilize the Company's irradiators systems and create a new revenue stream.
• Implement New Marketing Campaign: Develop a tailored marketing campaign aimed at engaging new customers and spreading brand awareness.
• Enhance Company Website: Utilize search engine optimization to increase website accessibility and improve the customer experience.

Headquartered:
• Western U.S.

Current Markets:
• The Company operates worldwide and caters to customers in multiple countries in six continents. The Company's primary customer base includes government, aerospace, agriculture, and scientific research sectors.

Real Estate:
• The Company primarily operates out of a 4,700 sq. ft. facility in the Western, US which is leased from an affiliated entity. This facility includes a production plant, an inventory warehouse, and an office space. While the building will not be included in the sale, management is open to negotiating a long-term lease agreement.

Shareholder Ownership:
• The Company is wholly owned by one shareholder, who is seeking to fully exit the Company to pursue other interests, but is willing to stay with the Company for a predetermined time to facilitate the transition to new ownership.