Design & Engineering Investment Opportunity For Sale

Business description

This business is recognized as the leader in their field and in the last six years management has grown the business from virtually nothing to projected sales of over $23million in 2008. Most of the production is done offshore but in 2008 the company purchased an domestic manufacturing company to better service its customer base. Recently purchased . The company does the design and engineering work, provides marketing guidance, and contracts for (and manages all aspects of) the manufacturing (and delivery) of the product. The core customers can be found in the Fortune 500 list. The majority of the products are private label. The company has performed well, in fact so well, that the demands for its services have exceeded their financial capabilities. In addition, this niche is projected for significant growth and there is no dominate player in their niche. In recognition of this opportunity, the owners are seeking an investment of $2 million in return for a major equity position in the company. The $2 million would be staged with first stage for $750,000 The money would be used to expand the customer base, launch their brand of products and take advantage of emerging technology.

Property information

Location:

Midwest

Business Operation

Competition / Market:

Fragmented

Reasons for selling:

Investment capital for expansion.

Employees:

11 full time - 1 part time

Years established:

2000

Other information

Furniture / Fixtures value:

$250,000 (included in the asking price)

Inventory / Stock value:

$50,000 (included in the asking price)

Relocatable:

This business can be relocated.