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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: [email protected]

Electronic Product Development and Manufacturing Business

Electronic Product Development and Manufacturing Business

SE Michigan

Listing#: C2662

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Description

**Proof of funds, Confidentiality Agreement, and Seller Approval are required to disclose any additional information**

Our firm is proud to bring this long-established, innovative, and profitable engineering and manufacturing business to market. The owner started this business in 1999 after working in corporate America for many years. This business is dedicated to helping customers solve their engineering and manufacturing needs.

The business does all of its engineering and manufacturing in-house and can create solutions for customers in an expedited manner. The engineers work alongside the manufacturing department to ensure the products they make are high-quality and suit the customer’s needs. The business has managers to oversee the employees, and the owner oversees the overall operations while maintaining the customer relationship. The owner is willing to stay on board for a new buyer to ensure a smooth transition.

The business has all the machines and equipment needed to manufacture most of the products their customers request. Most of their customers are within the automotive, recreational, and commercial industries. They specialize in electronic assemblies, instrument clusters, wire assemblies, custom products, and embedded software. The business is expanding into other verticals because of new opportunities in the market.

The ability to do engineering and manufacturing in-house helps this business achieve excellent profitability. In 2021, the business generated $2.7MM in total revenues generating $845,709 in Sellers Discretionary Earnings. This is an excellent opportunity for an owner-operator or a bolt-on acquisition. Additionally, this business is eligible for an SBA Loan for a qualified buyer. Give us a call today to learn more.

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Business Overview

Revenue $2,724,620
Cash Flow $845,709
Inventory $700,000 +/-
Year Established 1999
Seller Financing No
Employees 14FT 0PT
Asking Price $3,000,000
Key Statistics
  • Hours of Operation: Monday - Friday: 9 AM - 5 PM

  • Employees: 14 Full Time 0 Part Time

  • Year Established: 1999

  • Year Acquired: 1999

  • Liscence Required: TBD

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $2,724,620

  • Source: Tax Returns

  • Cash Flow: $845,709

  • Source: Tax Returns

  • Inventory Value: $700

Seller Financing
Not Available


Location
  • Monthly Rent: $4,000

  • Lease Terms: Lease Expiration Date: March 30, 2023

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Disclaimer

This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.