Business Summary:
Electronic Manufacturer serving the avionics industry for 40 years under the same ownership. Company has over 90 products with two recent patented products which are ready for introduction. The business has PMA status with the FAA as well. Owner wants to retire but will provide engineering. services to the new owner for an extended period of time. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. Each Gateway Mergers & Acquisitions office is independently owned and operated. Real Estate Brokerage License on file. For more about the buying process, go to www.GatewayMA.com. For more information, please contact Gateway Mergers & Acquisitions at 972-219-6961.
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| Year
Business was Established: 1970 |
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| Number of Employees:
3 FT |
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| Facilities / Terms of Lease:
3 year options |
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| Potential
Growth/Expansion:
The company’s products offer expansion possibilities both within the aviation industry and across manufacturing generally. Such expansion requires additional marketing and industry expertise along with engineering savvy to allow the proprietary technology to be adapted to non-aviation uses. |
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| Competition:
The business owns three patents and manufactures proprietary products that are unique in the industry, providing superior safety and reliability. These products also have applications across other industries in the areas of liquid and gas measurement. |
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| Owner
willing to finance:
Negotiable |
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| Owner
willing to train:
30 days training and transition, seller negotiable re: long-term consulting |
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| Reason for selling:
Retirement; Liquidity |
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Seller Reference Number: 1727
BusinessMart.com Listing Number: 65493 |
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