New Business For Sale: 24 year old wireless communication manufacture

July 20, 2021 by Steve Lukes

Steve Lukes just launched a new listing: 24 year old wireless communication manufacture

24 year old wireless communication manufacture
Asking: Call • Gross: $1,088,781 • Net: $

A well-established California based aerospace technology manufacturer is available for sale. The company has been in business for since 1997. It is primarily Business to Business (B2B). Normally the customers are 10 to 100 times larger, mostly in military radar. Presently 20% commercial and 80% military.
The company’s niche is micro-electronic military radar, based on space and high reel military applications. The products are built in modular thin film process that makes it easy to change the configuration for different applications.
It has taken over 30 years of constant improvement to get full maturity of the product. There will be no need to change the technology for, perhaps, another 30 years with continuous demand.
The company has many customers in the U.S. and all over the world. There are so many orders but not enough qualified personnel to fulfill them fast enough. As of June 1st, the backlog is over $1 million.

More info:

• 1M in backlog of orders
• about 900k in inventory (finished goods and raw materials combined) is included in the sale
• B2B customer base to defense companies, US Military/Gov't, other countries and telecom
• Aerospace knowledge is needed
• Current net margins are 5% of revenue.  Rent represents 30% of revenue, so buyer that could move into another facility would be ideal
• owner is retiring and open to any reasonable offer

 

Please contact Steve Lukes, M&A Advisor, 310-871-2909 or slukes@bizex.net

Steve Lukes
Email: slukes@bizex.net
Office: (310) 882-2200 ext 164
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker/steve-lukes

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