Electric Wiring Harness Manufacture
Location: Ohio
Industry: Manufacturing > Electronic Components Manufacturing
Financials
Asking Price: $575,000
Gross Revenue: $944,000
Cash Flow: $75,000
Inventory: $300,000 (Included in Asking Price)
FF&E: $277,000 (Included in Asking Price)
Business Summary
Enjoys specialized niche providing customized applications with high quality & quick production time; enabling just-in-time inventory management. Consistently wins quality product awards from customers. Some proprietary processes including a method of printing on silicon wire that enables custome code wiring; and a special application of contact pins. Tests 100% of product virtually eliminating faulty product claims. Adherence to high quality control standards has earned superior reputation.
About the Business
Year Established: 1991
Employees: 15 full time - 3 part time
Facilities: Owner will retain the real estate & building; 5 year lease with purchase option.
Market Outlook and Competition: Current revenue achieved without any sales or marketing; word of mouth only. Growth will come with effective marketing and sales. Ample exisitng capacity.
About the Sale
Management Training and Support: Management team will stay on.
Reason For Selling: Owner Retiring
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