Description of the business for sale
7 year old company has forged into the forefront as a significant military defense contractor. Company is producing several high value products under contract for both the U.S. Military and the militaries of other nations. To the best of the company s knowledge they are the only producers of the product lines worldwide. The company also derives additional revenue by providing training, service and product support. Company has recently signed and is producing under contracts with the U.S. military that will very, very significantly increase sales and net profit. One contract alone with the U.S. Marine Corp will generate approximately $2.5 million in the second half of 2007. Company is quickly expanding production capacity to fill these and other large orders that are expected to be signed shortly. Already this year production capacity has been increased by 33%. Company is also developing additional new products at the request of the military. These products are basically modifications of existing products to allow for new and expanded uses. Company has a really proficient website that very effectively demos products and promos the company. This company is an absolute perfect acquisition target for a current and larger defense contractor. The only thing holding back this company s explosive potential is investment capital. The owner realizing this is willing to sell up to 80% ownership while retaining 20% and staying on to lead and grow the company under a management contract w
Support / Training provided by seller
Available
Description of the facilities
Building is 9,600 sq ft and base monthly rental is $3,400.
ADDITIONAL FINANCIAL INFORMATION:
• Inventory: $35,000.
• FF&E: $100,000.
REASONS FOR SELLING: Needs Investment capital to grow business.
EMPLOYEES: Full-time: 11.