Test Equipment/Machinery Remanufacturer (Manufacturing)

Massachusetts - Massachusetts

Seller Financing: No
Lender Pre-Qualified: No
Listing ID: 68477
Status: Active

Listing Details

Listed Price: $500,000
Down Payment:
Total Sales: $710,000
SDE:
EBIT:
EBITDA:
FFE: $20,000 Included? Yes
Real Estate: Included?
Inventory: $738,762 Included? Yes
A/R: Included?
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Contact Information
Coastal Business Brokers
Suite 330 700 Pleasant Street
New Bedford Massachusetts 02740
Office: (508) 990-9800
Fax: (508) 990-4288
Email: coastalbizbrokers@verizon.net
www.coastalbizbrokers.com
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Reason for Sale:

Focus on other business interests.

Training:

4 weeks or as required for a smooth transition.

Financing Terms:

 

Operations

Year Established:
Last Acquired:
Form of Ownership:
Home Based: No
Relocatable: Yes
Type of Location:
Absentee Owner: No
Online:
Employees: Full Time: 4 / Part Time: 3
Managers:
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities:

The Company operates in a 6,000 square foot 2-story building with 3,000 square feet on each floor built in 1963. The inventory storage and testing area are on the first floor and the office/shipping functions are located on the second floor. The Owner is willing to lease the space to the Buyer for the monthly amount of $5,000. The business could be relocated at little expense.

Summary

Business Description:

The Company buys used electronic test equipment such as oscilloscopes, protocol analyzers, meters, waveform recorders, etc. that are used by universities, laboratories, manufacturers, and “techies”.   These devices are purchased at auction and foreclosure. Frequently, users upgrade their test measurement equipment and used devices become available to the market. Although the instruments have been superceded by newer models, they have useful remaining life. Most were produced during the period 1999-2006 by companies like Hewlett-Packard, Agilent, Tektronix, and Keithley. SELLER IS MOTIVATED AND WILL ACCEPT REASONABLE OFFERS.  

Historical Summary:

 

Owner Qualifications:

 

Competition:

The Company markets exclusively on the Internet with a well developed web site. Buyers can search inventory and place orders directly on-line.There is significant competition (nationally and globally) from other resellers who compete on availability and price.

Potential Growth:

Expand sales department to shorten response time to RFQ's and develop new customers.