UNDER CONTRACT: 25 Year Old Electronics Products Design &Manufacturing
| Asking Price: | $800,000 |
| Gross Revenue: | $809,000 |
| FF&E: | $20,000 |
| Cash Flow: | $200,000 |
| Inventory: | $75,000 |
| Established Year: | 1997 |
Electronics products manufacturing company - relocatable.
UNDER CONTRACT: This business was founded in the mid-1990s to provide specialty products and services to very specific industries within in the United States. By the 2000s the business evolved into manufacturing quality, custom-constructed, electronic products for their customers. A solid and loyal customer base has been established through the years by helping their customers save significant costs related to product installation, energy consumption, performance and safety. Customers also enjoy a 5-year unconditional warranty on products purchased.
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IMPORTANT NOTES to prospective buyers:
Information related to this company will not be released without the following items being received from any prospective buyer making an inquiry:
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A) A Signed and thoroughly completed Broker/Buyer NDA returned for review. Information we send out cannot be shared with others unless they also sign a separate NDA.
B) Proof from the buyer(s) that he/she has the ability and resources to procure a business this size. NOTE: If you are an individual buyer, we would require a "Lenders Letter" from your bank in addition to a financial statement (supplied by broker). If you are a corporate/company buyer, we would only need proof of funds to purchase or a letter from your banking institution. If you are part of an "investment" group of buyers, then we would need to be supplied with proof of the amount of funds currently available for an acquisition (we are not interested in receiving a resume-style info-sheet).
C) The Buyer Qualification and Financial Statement forms (attached or supplied by Broker) will need to be reviewed, filled in and emailed back to broker for review.
NOTE: Sellers are NOT interested in entertaining the following type of offers:
1. Earn outs
2. Holding a large SELLER note.
3. Incentive-based/bench mark offers
NOTE: Check with your bank/lenders prior to making an inquiry on how you plan on paying for the business.
NOTE: Cash Flow depicted is Sellers Discretionary Earnings (SDE)/ Adjusted EBITDA. It is an estimated cash flow figure after calculating SDE averages over a 7-year period (excluding 2020/2021 COVID years). The cash flow represented assumes that the BUYER will be working in the business FULL time in place of the SELLER and some part time personnel performing tasks the owner could actually perform). If the buyer is NOT going to be working full time in the business then the buyer should make adjustments to cash flow based on their own needs/participation in the company.
