Absentee Owned Electronics Manufacturing Business For Sale

Description
Fully staffed manufacturing business that does minimal marketing and advertising with an owner that has no previous experience in the business. This full service contract electronics manufacturer has experienced exponential growth in the last 5 years due to increasing demand for quick turnaround of complex multilayer electronic products. The sellers role has been in marketing and in sales and a new owner needs no formal electronics background. This co. manufacturers prototypes and electromechanical boards for many products that still cannot be built overseas by foreign companies that can't deliver the quality and reliability of the made in the USA label. The business generates giant margins with definite growth potential for a full time owner. And there is no better time to buy a business that has this much cashflow at such a reasonable price. For more information, please contact David Klements.Included in asking price
Furniture / Fixtures included
Sales Revenue
2665642
Net Profit
503755
Years Established
1963
Employees
8 Full Time
Location
7000 sq ft
Support/Training
Seller will provide training
Reasons for Selling
New Business Venture
Furniture/Fixtures Value
$650,000 (included in the asking price)
Inventory/Stock Value
$100,000
Tenure
Leasehold