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- Solid manufacturing/distribution Company for 30 years with same owner. -Company is a dominant player within its niche. -National customer base with large customers in the communications industry, selling proprietary products. -Existing Customer contracts. Existing patents and patent pending. -Contract manufacturing operations in Asia with same manufacturers for 15 years. -Company owns its tooling. -$4.8 MM in Assets, (Net receivables $2.6MM and Inventory $2.2 MM) and $1.9MM of equity in a S corp. -Modern 25,000 sq. ft. building can be leased or purchased from Seller. -Seller would stay for 2-3 years or until transition is completed.
The company designs, manufactures and distributes electronic components to the communications industry. The company has long- term relationships and contracts with its customers. The company maintains high customer service levels for product quality and delivery. Key employees are sales manager, purchasing & inventory control and controller with a total headcount of 15 employees. Most have a long-term tenure with company. Company is considered a dominant player among its competition. This segment of the communications industry has strong growth possibilities. The company has a 25,000 sq. feet leased from the seller in a modern industrial facility. The building can be leased or purchased.
The President will stay for 2-3 years. He wants to protect the key employees with the new Buyer at its present location.
Go to www.CrossRoadsBusiness.com and download an NDA. Fax to William Horton, Fax: 949-270-1511.
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