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- RE: Wireless Product Engineering Firm
- Contact: Rob Amerine
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $1,156,738 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $231,149 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 7 | |
BBN Listing #: | 9519981 | |
Broker Reference #: | 1122 |
Business Overview:
For the past 20 years, this hardware engineering and testing firm has steadily grown by designing, developing, and field-testing commercial grade wireless products for Fortune 50 clients. As a leading outsource provider in the booming IoT industry, the company is now well positioned to rapidly scale both its services and in-house product lines under new ownership. In 2022, a major client in the broadband industry opened over a $1M purchase order which, as expected, significantly increased 2023 revenues and profitability further demonstrating the high potential for growth in the business. With over 50 active clients, the strong reputation of this business provides an ideal acquisition for an industry buyer looking to instantly add engineering and/or testing capacity or for a synergistic acquirer searching for a strategic add-on opportunity. The current owner is willing to stay onboard under a new ownership structure.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Lifestyle Change.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
Documents:
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