Electronics Prototype Manufacturers For Sale

Business description

Electronics manufacturing is an industry, like many others, that has been largely moved overseas by domestic companies looking to cut production costs. However, there is a niche manufacturing segment within the electronics industry that has stayed primarily stateside – prototype manufacturing.

This company is strictly involved in this specific segment of electronics manufacturing and has spent the past nine years building a reputation for speed, reliability and quality when it comes to completing these crucial projects for its clients.

Clients are, for the most part, not sensitive to price when it comes to prototyping their electronic components. They are much more concerned with a quick turnaround on a product that works properly – they need to make sure all of the kinks are worked out of their product before farming out mass production overseas.

This company provides two types of services – turnkey and consignment. Turnkey scenarios come about when a client needs a complete pre-manufactured prototype, taking nothing more than the design to start with. Whereas consignment orders will come with all of the materials needed to do the job and the client simply needs the units built and tested. The company turns consignment quotes within 24 hours and turnkey quotes anywhere from five days to five weeks, depending on the complexity of the job.

Property information

Real Estate:

Lease

Location:

The company owns a 12,000 sq. ft. facility that houses their entire operation. The owner would like to keep this facility and lease it back to the new owner, and he is open to negotiating those terms. He would also entertain serious offers to purchase the property and facility.

In addition to several offices, there is a full production floor, shipping and receiving department, lab/testing area a conference room and a production meeting room.

Other information

Expansion potential:

The current owner sees two distinct areas of potential growth. First, expanding the service offering beyond prototyping to full production. Second, growing outside of the North Texas region to service clients around the country on a larger scale.

Competition / Market:

There are only a handful of direct competitors to this company but none can compete with the combination of quick turnaround, quality of work and price that this firms offers its customers, which is why they have been able to grow so quickly.

Support & training:

Seller will provide training as needed for 30 days at no additional cost.

Reasons for selling:

Seller would like to spend more time with family.

Trading hours:

Regular hours are Monday through Friday 8 am to 5 pm. However, the volume of work has the facility running seven days a week fairly consistently.

Financing available:

Negotiable

Furniture / Fixtures value:

$1,072,675

Inventory / Stock value:

$225,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.