37275-Manufacturing: Military Aircraft Cockpit Lighting

VA

Seller Financing Available
37275-Manufacturing: Military Aircraft Cockpit Lighting
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Asking Price: $299,000

Cash Flow: $31,000

Gross Revenue: $53,000

EBITDA: N/A

FF&E: $60,000

Inventory: $140,000

Established: 2004

37275-Manufacturing: Military Aircraft Cockpit Lighting

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Business Description

This Aviation Instrument Lighting Components Manufacturing and Distribution Company located in Virginia, specializes in a variety of proprietary, and exclusive OEM, cockpit illumination panels for military aircraft and private aviation applications. Its primary customer is US DOD, which provides multi-year open purchase orders, as well as by specific need replacement part orders, on a recurring basis. It also provides a variety of parts to independent national and global distributors, who have been approved by the Government, for the resale of its products to private aviation, and to NATO Friendly Foreign Countries for military application. This Business holds the highest DOD Quality Assurance Rating of 100% with NO Product Defects nor Operational Failures, NO Order Recalls of any of its Manufactured Parts, -EVER-. This highly specialized niche Business is a unique opportunity for a New Owner to continue its level of success with its Loyal Clientele as Repeat Customers, as well as to grow the Company across other industries as new markets. A well established reputation over 67 Years is a testament to the quality of production it provides. Current Owner seeks to retire, although will continue through an extended transition for training, familiarization and acclamation, of Business Operations and Industry Contacts, and provide consultation in perpetuity, so a New Owner may capitalize on this great opportunity to maintain, and expand upon an already successful, and critical operation, which supplies replacement parts to our US Military Servicemen. An hands-on, owner-operated business, it is managed and run by the Sole Owner, with full control of product quality, and customer service provided. It could remain so, or could easily be grown to a multi-personnel operation under Motivated New Management. There is inherent value in the established historic presence of the Company Name, and especially the Cage Code which identifies the Company within the US DOD System, as well as an underlying value in a future potential of this technology for Creatively Motivated Ownership with insight of alternative product applications expanding into other industries. Entrepreneurial Growth Potential is an integral factor of purchase, in untapped utilization. Numerous Technology Based Industries may benefit from the product: Auto; Trucking; Rail; Marine; Construction Equipment; Factory Machines, and any other type of equipment with instrumentation, which needs to be lit for night operation, would benefit from this technology, and its products, if New Ownership were to apply it. Extensive inventory of over-runs of parts are produced after order fulfillment, as it is much more efficient and cost effective, rather than to repeat the set-up for re-orders of commonly ordered parts; and numerous small items and accessories are purchased and resold, at an extremely high mark-up, which bolsters the profit margin. Contact IAG for further details about this unique manufacturing, production, and distribution opportunity.

Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
This business is fully operated by the two owners. Occasionally they hire part-time employees if needed. The owners will be available for a transitioning up to one year.
Reason for Selling:
Approaching retirement
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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