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Texas Based Manufacturer of Precision Mechanisms-VIP Transp. Interiors

TX

Texas Based Manufacturer of Precision Mechanisms-VIP Transp. Interiors
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $2,324,000

EBITDA: $1,410,000

FF&E: N/A

Inventory: N/A

Established: N/A

Texas Based Manufacturer of Precision Mechanisms-VIP Transp. Interiors

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Business Description

The company is a manufacturer of unique cabinet hardware and custom mechanisms. The company´s components are designed, produced, and tested in house, primarily for industries with demanding environments as well as the high end residential market.

Key aspects
· Manufacturer of custom, high-end cabinetry components for the last 20 years
· Well-established customer base resulting from the company´s reputation for high quality products and customer support
· ISO 9001:2015 certified production process
· Robust manufacturing capabilities with sophisticated CNC machining centers
· Company owned utility patents

Detailed Information

Facilities:
Headquartered · Central Texas
Competition:
Current markets · The company produces specialty cabinet hardware designed for the aerospace and marine industries. The company´s products are also used in the high-end, custom home market. Shareholder/owner objectives · Two shareholders are looking to transition into retirement. One of the owners, who is responsible for overall product design, is willing to work on a contractual basis under new ownership. The other owner expects to make a full exit from the business after a reasonable transition time. Both owners are open to various deal structures.
Growth & Expansion:
Opportunities · Capitalize on the company's patented products that have not yet been brought into production · Increase capacity with investment in additional CNC machinery and the addition of a second production shift · Increase market presence and new business development through advertising · Expand into the public sector, including military and defense · Obtain AS9100 Certification · Obtain FAA Parts Manufacturing Approvals (PMA)
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(from currently available funds)
 
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Luis Vinals

Business Listed By:
Luis Vinals

Benchmark International

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