Component Manufacturing For Sale - Riverside County, California, CA

PROFILE: Medical, Dental, Electronics & Aerospace Component Manufacturer.

AD/LISTING INFORMATION
Status: Available
State: California
Location: Riverside County
County: Riverside
City: None Given
Primary Category: Manufacturing Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  132886
Seller Or Contact:  Joe Atchison
Primary Phone:  951-277-4002
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  10/14/08
Date Ad Last Revised:   10/14/08

FINANCIAL INFORMATION
Asking Price: $475,000
Down Payment: Call/Email
Annual Revenue: $1,373,000
Annual Adjusted Net: $188,600
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: This 30-Year Old Company Produces Components For The Medical, Dental, Electronics And Aerospace Industries. The Company Utilizes Fourslide Technology To Produce Flat Springs, Metal Stampings, Wire Forms, Contacts, Sleeves, Connectors, Terminals And Clips And Sells On An International Basis. The Company Has Developed Five New Products For Its Largest Medical Customer. Tooling Has Been Paid For By The Customer And Completed By The Company. Production Is Expected To Begin In March, 2009. Orders For These New Products Should Increase Revenues By $316,000 And Net By Over $100K Per Year.

New Facility With The Best Quality Equipment And Staffed With Experienced Tool And Die Makers, And Set Up And Machine Operators. Some Assembly Operations Are Performed By The Company. The Company Is Working On Iso-9000 Certification.

The Ideal Buyer Would Be A Strong General Manager With Sales/Marketing Skills And The Energy And Work-Ethic To Double Sales Volume In 36 Months. Upside Potential Includes Attendance At Industry Trade Shows, Hiring Sales Reps And Developing An Advertising Program. Real Estate Available At $1.4M Fmv.

General Information

Year Established: 1978

Employees: 12 Full-Time Employees At A Monthly Cost Of $38,570

Facilities: 11,400 Square Foot Facility. Owner Will Write A Long-Term Lease Starting At A Monthly Cost Of $9,120, With Renewal Options. Or, Real Estate Available For $1.4M Fmv On An Assumable Loan.

Price Includes: Tenant Improvements And Furniture, Fixtures And Equipment. Inventory Of Approximately $250,000 Not Included In The Asking Price.

Support/Training: Seller Will Provide Training.

Reason Selling: Retirement

Asking Price: $ 475,000

Gross Revenues: 1,373,000

Seller’s Discretionary Earnings: 188,600

For More Information On This Business Opportunity, Please Contact D. Joe Atchison At 951/277.4002, Ext. 303 Or J.Atchison@sunbeltnetwork.Com.

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