Denver Area Specialty Consumer Electronics Manufacturer

CO

Seller Financing Available
Denver Area Specialty Consumer Electronics Manufacturer
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Asking Price: $1,650,000

Cash Flow: $325,000

Gross Revenue: $2,750,000

EBITDA: $225,000

FF&E: $35,000

Inventory: $450,000

Rent: $5,833 /Month

Established: 2008

Denver Area Specialty Consumer Electronics Manufacturer

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Business Description

Decade-Old Company with 90% of Fast-Growing niche Market!

This is a consumer electronics manufacturer of multiple proprietary lines of products and related accessories that work with tablets and computers. It is now dominant in its niche market within the general music industry that is growing rapidly.

So far, even though they are quite dominant in their niche (with an estimated 90% of the current market) and have sold to about 250,000 consumers so far, there are an estimated 30 million potential consumers in that niche who have not yet purchased their types of products. The prospects for rapid future growth of sales and profits makes this an ideal acquisition for an individual or corporate acquirer.

The company has just recently completed a groundbreaking innovation that permitted the customization and upgradeability of its core product lines.

The current owner is retiring after nearly 40 years owning and running several successful businesses. The company employs 12-15 employees and is located on the Front Range near Denver.

Contact us, register with us, sign our NDA and receive our confidential Offering Summary on this opportunity!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
3/1/2023
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Office, manufacturing and shipping facility currently leased to the company. Landlord will be happy to renew the lease. It’s also a flex-space, can be expanded with future growth.
Competition:
There are only a few competitors. This small market does not attract the big competitors. This business is solid and stable and is ahead of its smaller competitors in its advanced applications of technology, ready for what’s just ahead.
Growth & Expansion:
The business has been run largely as an R&D firm for nearly three years while updating all its products. This product updating has paved the way for a company-wide transformation into a marketing platform to expand sales in its major niche market as well as in totally new markets that can use the same technology.
Financing:
Anticipate SBA/Bank at $1.35MM, 7%, 10 yrs.; Seller at $75K, 7%, 5yrs.
Support & Training:
Seller will be available to train and assist new owner as needed.
Reason for Selling:
Owner is retiring.
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Contact the Seller

(from currently available funds)
 
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Carolyn Ryan

Business Listed By:
Carolyn Ryan

Colorado Business Brokers

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Sponsoring Broker:
Glen Cooper

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