Acquire A Test Equipment Manufacturer For Sale

Business description

An excellent opportunity to acquire a company that manufactures a complete line of automated handling, testing, programming, and marking equipment for the packaged integrated circuit and the medical device industries. In business since 1974, the company has developed a personal philosophy regarding its customers and its products. Its philosophy is to provide hard-working, well-made, reasonably-priced equipment designed to match its customers’ varying applications. The company provides its customers with the largest number of choices and configurations possible.

The company has recurring revenue from an established customer base and is scalable. By placing a strong emphasis on quality and customer satisfaction programs, the company has built a fortune 500 customer base. The headquarters in Silicon Valley is housed in an 8,500 square foot suite of a large, single story industrial building. Should an existing corporation acquire the company, there is a substantial opportunity to eliminate cost through consolidation of operations and economies of scale. Savings in the areas of quality, IT, finance and order management are very possible. Depending on the location of the acquiring company, it may be possible to consolidate the operation into its facilities driving further substantial cost reduction. Sellers are prepared to stay with the business and will accept an offer of full-time employment from the buyer.

Please reference BTI#7450JM when contacting us regarding this business.

Property information

Real Estate:

Lease

Leasehold rent:

$144,000 per annum

Size in square feet:

13,000

Other information

Reasons for selling:

Retirement

Trading hours:

8am-5pm Monday-Friday

Inventory / Stock value:

$285,856 (included in the asking price)