Hi-Tech Sensor Manufacturing Company

Amherst, MA (Hampshire County) (Relocatable)

Sensor and Touchscreen Control
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Asking Price: $250,000

Cash Flow: $75,000

Gross Revenue: $140,000

EBITDA: $75,000

FF&E: $30,000

Inventory: $10,000

Established: 2007

Hi-Tech Sensor Manufacturing Company

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Business Description

Patented Wireless Wind Sensor Addresses Multiple Markets

No other wind sensor is both wireless and self-powered - powered by the very wind it is measuring. This eliminates the nuisance and downtime experienced by all other wind sensors whose batteries will fail.

This high-tech company manufactures the wireless sensor and companion readouts and controls. Thousands have been sold into a variety of markets for both safety and control applications. Markets include crane and construction, Aerial Work Platforms (AWP), fountain controls, outdoor event staging safety (i.e. county fairs, music festivals). Etesian is an OEM to major manufacturers, (Terex Corp, Tadano Mantis, T.A Pelsue), and has provided systems to SpaceX and NASA. Growth achievable by expanding into currently un-served markets including work and pleasure boats (marine) and consumer grade weather measurement. Already have some products participating in the "Internet of Things" with network connectivity, Bluetooth systems, and text messaging to provide alerts of dangerous winds.

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Detailed Information

Location:
Amherst, MA
Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Etesian uses contract manufacturing for all the sub assemblies. Final assembly and testing is performed at Etesian's facilities. Our facility requires < 500 sq feet. Assets include injection molds, open molds, calibration wind tunnel, and typical light electronic and electro-mechanical assembly tools and fixtures. Lathe, drill press, and etc, for model shop type work. Sub contractors include injection molders, 3-D printers, circuit board fabricators, and circuit board assemblers.
Competition:
There are many players in the wind measurement industry. Our patented system allows us to charge a premium for a product that has no equal. Other companies may advertise long battery life, but batteries struggle in low temperatures and often fail at the worst possible time. The hourly cost for crane down time makes our system particularly attractive in that market. In fountain control the cost to bury a cable is easily offset with our system.
Support & Training:
I am looking to retire from the day-to-day operation of the company. I will entertain staying on for perhaps as long as 5 years to continue idea generation and product development.
Reason for Selling:
Retirement
Business Website:
http://www.etesian-tech.com
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Business Listed By:
William Stein

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