Design & Engineering Investment Opportunity For Sale

Business description

This business is recognized as the leader in their field and in last four years management has grown the business from virtually nothing to projected sales of over $10.5 million in 2006. 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 $697,000. The money would be used to expand the customer base, launch their brand of products and take advantage of emerging technology

Other information

Reasons for selling:

Investment capital for expansion.

Furniture / Fixtures value:

$250,000

Inventory / Stock value:

$50,000

Contact the seller