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Testing Industry: Calibrating A Profitable Future
Location: United States -> Michigan -> Detroit
Industry: Manufacturing > Machinery Manufacturing




Business Summary

This respected, sixteen-year-old Company services the testing needs for Fortune 500 companies as a tier one supplier and is an ISO/IEC 17025-2005 A2LA accredited laboratory. The Company provides a group of services such as ISO calibration on new and existing test equipment, offers equipment upgrades and builds new equipment. Being a one-stop-shop truly sets them apart when serving the automotive, medical, civil, and aerospace industries.

The Company is certified to perform calibrations for Servo Hydraulic test equipment, Dynamometer systems, Shore Western Equipment and other controllers. In addition to providing services, they also calibrate MTS & Instron (Schenk-Pegasus) machinery, Roerig, MOOG-FCS and Shore Western test systems.

As business grows for highly technical skills and engineering services, it's time to look at financial options to keep up with demand and prepare to fully capitalize on the future.

Our client is open to a complete buy-out or a strategic equity investor to provide limited funding so this respected business can better serve its Fortune 500 clients and claim market share.

Agreeable terms may include above-market interest rates over a short term, or convertible debt options so it can move quickly to fulfill the backlog of requisitions and expand alternative profit centers within its operations.

The testing industry founded on the principle that improperly maintained equipment can be costly in terms of time and money. Performing regular calibrations via established methods as part of an effective predictive maintenance strategy can help eliminate costly downtime or reruns; prevent quality control problems and reduce product recalls.

NDA is required {LINK ABOVE} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities: No facilities. Workspace and lab are located in a building on a rural, commercial property.

Competition: Major competitors are all


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $815,000
Cash Flow:   $45,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2015
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  The Seller will work with a Buyer on an executive; engineering level to ensure future success.
Reason For Selling:  To afford the infrastructure needed to take the processes to the next level in both reputation and profitability.




Print Listing Id: 700365317
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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