Houston Electronics Manufacturer And Supplier For Sale

Business description

This electronics manufacturer/distributor has been serving the oil, health care, transportation, OEM, military and aerospace industries since 1989. They provide custom assembly of cable, wire harness, control panel, cabinet and other connectivity products. They are also a distributor of products and services focusing on B2B markets in electronic/electrical materials, information technology products, MRO, and industrial products. This company has received numerous “Commitment to Excellence”, “Supplier of the Year”, “Subcontractor of the Year” and “Certificate of Achievement” Awards from their customers and industry groups. Solid customer base is a good 10+ years and literally no marketing is currently being done. 43% of 2011 revenue, compared to 26% of 2010 revenue is coming from assembly orders as opposed to distribution orders, providing a much higher profit margin (36% 2011 gross profit margin compared to 20% in 2010). Electrical Engineering degree is not needed to run this business. Owner will train on how to source parts, estimate time to build product, etc. Experienced staff does the assembly work. Please be discreet, employees unaware business is for sale. Meeting by appointment only with seller. Seller will finance a portion of the sale to a qualified buyer.

Seller's Discretionary Earnings: $255,021 Actual

Property information

Real Estate:

Lease

Location:

1716SF facility in business park

Business Operation

Expansion potential:

Marketing and advertising not currently being done. Website - none currently.

Reasons for selling:

Retirement

Trading hours:

5 days, Mon - Fri 8AM-5PM

Employees:

1Ft; 1Pt

Years established:

1989

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing available

Furniture / Fixtures value:

$10,000 (included in the asking price)

Inventory / Stock value:

$2,000 (included in the asking price)

Related documents:

• 
• Business Profile