Manufacturer of Inspection Devices for Scuba Cylinders

Location: California, United States
Category: Manufacturing
Type: Established

Financials

Asking Price: $1,300,000
Cash flow: $500,000
Revenue: $900,000
Gross Income: Not Disclosed
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

Manufacturer of Inspection Devices for Scuba Cylinders
Riverside, California

Ad ID: 298661
Type: Established business
Category: Mfg. - Measuring & Analyzing Instr.
Category: Mfg. - Miscellaneous Manufacturing

Financials
Asking: $1,300,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $50,000

Gross: $946,000
Cash Flow: $500,000

Summary Description
This business manufactures a device for testing the integrity of aluminum cylinders used for SCUBA, SCBA, and others. This safety/inspection device is marketed to Firehouses, dive shops, and certified testing facilities in the US and abroad. Minimal & inferior competition, as well as a superior product have carved out the dominant market share & envious margins. The US Federal Government just mandated the regular use of this product and sales are growing substantially. In addition, they operate a service center for their products for routine calibration of the devices. Sales are conducted via phone and mail.

General Information
Year Established: 2000
Employees: 1
Facilities (Home Based): This business is run out of a home office/work shop of approx. 1800 square feet. The manufacturing is out-sourced, then shipped-in for delivery to customers

Market Outlook
Competition: One of three firms in the US. This company manufactures by far the superior product and is the market leader.

Growth and Expansion: The Federal Government just mandated the required use of this product to certify the safety and integrity of all aluminum SCUBA, SCBA, and other cylinders.

About the Sale
Financing: SBA financing available
Support/Training: 4 weeks @ 30 hours
Reason Selling: To focus on another business

Contact Information
Pablo Fonseca
Spectrum Business Advisors
Phone: 951-235-4078

General Information

Reason Selling: Other interests

Number of Employees: 1
Year Established: 1996