Electrical Systems Assembly and Distribution
Location: Texas, United States
Category: Manufacturing
Type: Established
Asking Price: $10,000,000
Cash flow: $2,400,000
Revenue: Not Disclosed
Gross Income: $17,500,000
Inventory: $900,000 - Included in the Asking Price
FF&E $150,000 - Included in the Asking Price
Real Estate: $800,000 - Not included in the Asking Price
Fast growing firm designs, assembles and distributes electrical power system components. Customers include major industrial and commercial accounts. Firm located in the Greater Houston area, but has customers over a large part of the United States, and some exports as well. UNDER CONTRACT.
Seller owns real estate separate from the business. Willing to lease or sell (cash flow assumes a lease).
Revenues have grown by over 40% in each of the past two years (calendar 2004 and 2005). Revenues for 2006 are on tract to be up 26% over 2005.
Reason Selling: Retirement / Estate planning
Number of Employees: 15
Year Established: 1986