Buy a Fast Growing Aerospace Composite Material Company For Sale business for sale in on BusinessesForSale.com

  • Advert ID: 669416
  • (Seller ref: JK1110)

Fast Growing Aerospace Composite Material Company For Sale


Location:
Category:
Asking price:
$2,300,000
Sales revenue:
$1m < 5m
Net profit:
$500k < 2.5m
Years established:
1994
Employees:
16


This is a niche manufacturing company experiencing exceptional growth in revenues and profits. The company developments, produces and sells high performance composite materials to aerospace and industrial customers. These products are used because of their exceptional performance and lightweight. They are most often used to replace metals such as steel, aluminum and titanium because of these characteristics. Six patents cover the majority of its product line and manufacturing process. The products are based on high performance carbon, glass, quartz fiber and various synthetic films. They process the base materials into various shapes for use by their customers. Their customers are primarily the major aerospace companies and their subcontractors. They also sell to industrial/scientific customers such as Formula I racecar teams, scientific laboratories, etc. where the need for performance and lightweight is critical. Their business is worldwide with nearly 50% outside the United States. This is an excellent acquisition for a company currently selling composite products or a company with a presence in aerospace that wished to expand. It is also a great opportunity for a technically oriented entrepreneur who wants to own a growing, profitable manufacturing business with great potential.


Lease terms:
Owner owns facility and will either sell or lease at market rates.
Location:
Modern facility in industrial park near major freeway. Business is located in suburb of San Francisco.

Expansion potential:
The company has introduced several new products over the last few years and has numerous development projects underway within and outside it's major market segment. Continued efforts on these and increase sales efforts at the major customers can bring continued growth. In addition the overall market for advanced composite materials is growing at 15% per year and is expected to continue to grow according to industry sources.
Competition / Market:
The company is sole source for many of it's products in it's major market segment. It has six patents on it's products and process. Many of the applications its products are used for have taken years to develop and are qualified by its customers ensuring their use for these applications.
Support & training:
Owner will provide 4 weeks of training free, and be available for consulting on a fee basis afterwards.
Reasons for selling:
Retirement.
Trading hours:
8-5 M-F
Financing available:
Seller will consider some seller financing.
Furniture / Fixtures value:
$365,000
Inventory / Stock value:
$698,057

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

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