Manufacturer of Electro-Mechanical Switches

Ormond Beach, FL (Volusia County)

Manufacturer of Electro-Mechanical Switches

Asking Price:$660,000

Cash Flow:N/A

Gross Revenue:$303,748

EBITDA:N/A

FF&E:$543,601

Inventory:$167,466

Established:1976

Manufacturer of Electro-Mechanical Switches

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Business Description

PRICED BELOW ASSET VASLUE: The company is a major manufacturer of electro-mechanical switches and control panels for specialized industries. All products are manufactured to ISO 9000 standards. They maintain a fully integrated computer-based operating system to tightly control cost, quality, and insure they meet customer delivery schedules and contract requirements. Other capabilities include: CNC Machining, Engineering and Design, Stamping, Drilling and Tapping, Wire Harnesses, Labeling/Marking, Wiring and Assembly.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
10,000 square foot building in an industrial park. Building is owned by seller. He is offering a triple net lease with taxes at $5962 per month. The property sits on approximately 2.5 acres and is permitted for an additional 20,000 square feet of building.
Competition:
He is in a niche market with only a handful of competitors.
Growth & Expansion:
The company is in need of a marketing representative to call on customers.
Support & Training:
Seller will train for 4 weeks at no charge.
Reason for Selling:
Retirement

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Brian T. Bateson

Business Listed By:
Brian T. Bateson

Bateson Business Brokerage, Inc.

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