Business Summary:
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. Please refer to CBB Listing #7437MB
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