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  • RE:  Electrical Device Manufacturer With Growth Potential
  • Contact:  Bill Kelly

Quick Facts

Asking Price: $7,000,000
Annual Revenue: $2,669,803
Net Profit: Not Disclosed
Cash Flow: $1,027,567
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 16
BBN Listing #: 952578
Broker Reference #: 9525-878937

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Business Overview:

878937 Electrical Device Manufacturer With High Potential Growth

This manufacturer of primary electric devices was formed in 2003. Under the leadership of its President, having 40-years of experience in the industry, the company has become an internationally recognized brand for the highest manufacturing standards and excellent product quality.
The business has many long-term employees who’s manufacturing, and customer service acumen make them the go-to-choice for superior customers such as public utilities, national chains, and government contractors. The Company produces a broad product line for an array of market segments. Products range from service entrances of large facilities to primary and secondary building distribution systems. These systems can include large computer rooms and data processing centers as well as manufacturing process control, and small businesses. The products manufactured help businesses improve operating efficiencies with applications such as computer-aided design (CAD), computer-aided manufacturing (CAM), digital graphic creation, software development, and financial/economic modeling. All products are made in Virginia.

Substantial Seller financing available for qualified buyer.

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Property Features and Assets:

Monthly Rent: $5,247.75

Square Units (Foot, Meter): 6,000

Market Competition and Expansion:

Competition: The business is rapidly growing without a dedicated sales effort, receiving long-term contracts stretching out over several years.

Expansion: Owner will prove triple digit growth, is possible with dedicated sales effort. Owner will stay for 60 days to insure a smooth transition or up to a year as a paid consultant.

Reason for Selling:

Retiring

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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