Light Manufacturing Businesses For Sale in 0 New_york

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Niche Manufacturing Business $290k Earnings

Location:New York

Category:Manufacturing Light

Asking Price:$924,900

  • Sales revenue : $464,000
  • Net profit : $177,346
  • Furniture/Fixtures value : $245,000
  • Inventory/Stock value : $50,000
  • Niche Manufacturing Business $290k Earnings
  • Niche Manufacturing Business $290k Earnings

Business description

• The company specializes in contract manufacturing of specialty parts, hermetic packages and quick turn prototypes.

• Gross margins are extraordinarily high; over 89% average for the past two years. Seller’s discretionary earnings averaged $293K on sales of $465K+ over the past two years.

• The company has several offerings, some of which few other companies can provide.

• Customers are generally loyal, long term relationships with private & public companies. The company usually needs to be qualified as a supplier of unique parts, which provides competitive insulation.

• Industries Serviced: Defense, Aviation, Photonics, and Industrial

Other Information

  • Is Business Relocatable?: Y
  • Is Business Home Based?: N
  • Franshise Terms: NA
  • Real Estate: Facilities are neat and clean and were custom designed for the company’s needs. Additional space should be available when further expansion is required. Ample parking available.
  • Competition: The company has a well-defined niche and uses certain processes that are rare for smaller companies in this manufacturing segment. There are few direct competitors in the United States.
  • Expansion: There is ample existing capacity to support incremental sales. The seller, who is looking to retire, has not been focused on pursuing new opportunities. A renewed focus on business development to grow the business will require greater time and perhaps money to be successful. With gross margins over 88%, there should be a significant earnings upside. This is a niche business with a solid reputation for honesty, integrity, service and responsive delivery. The seller believes that a new owner, pursuing old and new customers, could significantly increase sales within a few years by mining the past customers’ list as well as by developing new leads.
  • Years Established: 1990
  • Employees: 2 FT
  • Trading Hours: Mon-Fri: 8-5
  • Support Training: The seller offers a minimum of twelve weeks of training to assure a smooth transition. Additional transition support is negotiable.
  • Reason For Selling: The seller is in his sixties and is ready to transition out of the business.
  • Lease Terms: The gross rental rate for the space is $1,488.30 per month with an annual rent of $17,860.
Klassen Ingalls
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