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Manufacturer Of Precision Mechanisms For Vip Transportation Interiors For Sale

Texas, US
Asking Price:
On request
Sales Revenue:
$4,588,000 (USD)
Cash Flow:
$3,067,000 (USD)

The company is a manufacturer of unique cabinet hardware, which includes latches and hinges as well as custom mechanisms. The company’s components are designed, produced, and tested inhouse, primarily for the aerospace and marine industries as well as the high-end residential market.

Key Aspects
· Manufacturer of custom, high-end cabinetry components for the last 20 years
· Well established customer base resulting from the company’s reputation for high quality products
· ISO 9001:2015 certified production process
· Robust manufacturing capabilities with sophisticated inhouse CNC machining centers
· Company owned utility patents

Opportunities
· Capitalize on the company owned product patents that have not yet been brought into production
· Increase capacity with investment in additional CNC machinery and the addition of a second production shift
· Increase market presence and new business development through advertising
· Expand into the public sector, including military and defense
· Obtain AS9100 Certification

Headquartered
Central Texas

Current Markets
The company produces specialty cabinet hardware primarily for executive & VIP jet interiors. Their products are also used in the marine, & custom home markets.

Real Estate
The company operates from a 7,250 square-foot facility located in central Texas. The facility is on a two-and-a-half acre piece of property and includes 2,250 square feet of administrative space and 5,000 square feet of manufacturing space.

Shareholder Objectives
Two shareholders are looking to transition into retirement. One of the owners, who is responsible for overall product design, is willing to work on a contractual basis under new ownership. The other owner expects to make a full exit from the business after a reasonable transition time. Both owners are open to various deal structures.

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