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Fresno, Fresno County, California
Asking Price
$599,000
Revenue
$1,314,426
Down
Call / Email
Cash Flow
Call/Email
Name: Jay Grover
Phone: Show phone number
Name
Jay Grover
Phone
Show phone number
Posting ID:
275016
Business Category:
Service, Manufacturing & Industrial
Keywords:
store fixture, manufacturer, fresno
Attributes:
Broker Cooperation
Training And Support
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California
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With the appropriate marketing team, bringing these products to the market would mean a minimum of 10X growth in revenue within 5 - 10 years. ** GROWTH POTENTIAL: The company is working on over 20 named programs within Medical & Industrial, Sub- Sea & Space, Military, and Mining, Oil & Gas industries with a forecast of over $90M in revenues with estimated projection of profit more than $40M in gross profit. These projections exclude any other new programs and any additional marketing and sales efforts. The projections for the military market are based on military program analyses and defense spending and acquisition plans that have been presented by the Government at various industry days and by program managers and staff contacted by company representatives over the past several years. With some additional investment by the right buyer in further development of corporate infrastructure, significant growth can be possible. ** EARNOUT: With the huge growth potential on the horizon in the coming 5 year span, the owner is interested in remaining as a programing manager for named programs on an earn-out arrangement of up to an additional $4,200,000.00 to be earned over 5 years directly associated with gross profit margins of the future programs. The details to be negotiated. ** FACILITY: The company owns it current facility that is also available for sale for $4,600,000 as an option. For further details, please contact agent. Founded in 1980, this company began as a consulting and product development company focusing on serving commercial and industrial customers in need of advanced technology, product development and implementation. In 1995 the company started to pivot to developing and manufacturing its own product line, eventually bringing all manufacturing capabilities in-house. During this time, the firm developed an extensive modular building block of products that have been adapted to various man machine interface systems and sensors. One product developed was sold to a large manufacturing company. The proceeds from that sale were used to develop the current technology and product line and move the company into the military, sub-sea & space, mining, oil & gas, medical & industrial and heavy industrial sectors. Competitive Overview: Both the sensor technology and the man-machine interface technology and controller that have been developed are unique in the industry. The sensor technology utilized both in the man-machine-interface products and sensor products was specifically developed by the company with proprietary manufacturing processes that are unique in the industry. 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Fresno, California
GORGEOUS RCFE IN FRESNO'S BULLARD AREA!
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