Buy a Business

Advert Ref: 154

Aircraft Video Equipment Manufacturing And Service Company For Sale

Details: Asking price:$2,500,000; Sales revenue:$1m < 5m; Net profit:Undisclosed; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: Established since 1987 International Company specializing in design, manufacturing and services of audio-video entertainment/communication systems on-board commercial aircraft. Recognized worldwide among major airlines. Company provides a full engineering package with FAA certification of the systems and installation drawings. Company holds an FAA and EASA Repair Station Certificate and provides maintenance support for all its products and those of other manufacturers at the home base and other stations as required by customer airlines. Company is debt free and currently working on securing multimillion dollar contract with major airline value between $5M to $8M.

General information: Years established:1987; Employees: 5f/3p; Trading hours: Mon-Fr 8.30am-4.30pm; Relocatable: This business can be relocated.; Real Estate: Lease; Location:Company occupies 7400 sqf at rent $9,000 per month. Business is relocatable; Expansion potential:Company have tremendous upside potentials. Infusion of $2M of additional capital could bring sales volume of the business to over $20M; Support & training:The Owner will be willing to either sell outright or to sell to private equity group and take back equity in the Company; Reasons for selling:Retirement; Financing available?Financing is a possibility- negotiable