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Wireless Products Manufacturer - Recurring Revenue
Location: United States -> New York -> New York City Area -> New York City
Industry: Manufacturing > Computers and Electronic Equipment Manufacturing




Business Summary

This Company produces and distributes proprietary products for the growing security industry. They have consistent growth in revenues and net income since their inception over 15 years ago. Additionally, the recurring revenue component continues to grow each year. Demand continues to grow because their patented technology provides an added value compared to conventional products. Projected revenues for 2010 and beyond are expected to continue increasing. This is a unique opportunity to own one of the few true recession resistant companies that has high profit margins and relatively low overhead. Owner is retiring after many years in the business. A company in a related industry that acquires this business would have access to this companies repeat customers and would be able to sell this companies products into the acquiring companies customer base. Contact for more information on this Manufacturing business for sale.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $2,833,452
Cash Flow:   $701,059
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1988
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Seller will assist with training and transition after the sale.
Reason For Selling:  Retiring.




Print Listing Id: 700127692
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