$0

Light Manufacturing Wire Harness #2223

Illinois/Lake Forest
Financials
  • Price: $0
  • Gross Income: $6,000,000
  • Cash Flow: $1,400,000
  • FFE: $365,000
  • Inventory: $157,000
  • Real Estate Value: $1,500,000
  • Source Data:
About the Business
  • Listing ID: ##2223
  • Year Established: 1987
  • Financing: seller 10%
  • Training: will stay with Buyer as long as needed
  • Facilities: Building Type: Free Standing. The building is 21 years old and was purchased in 2008. Square footage: Office: 3245 SF Shipping Warehouse: 3245 SF Manufacturing: 6490 SF Total: 12,980 SF (overall)
  • Competition:The Company’s expertise in cable manufacturing and assembly covers just about every industry where cable connectivity is needed. Industries include OEM, transportation, industrial, electronics, data centers, construction, government, manufacturing, security, wireless, and utility. According to IBISWorld analysts the cable manufacturing industry revenue for 2021 will be $11.2 billion with a profit margin of 7.4%. The industry is forecast to grow an annualized 1.8% to $12.3 billion over the five years to 2026.
  • Growth: This Company has the potential to land a couple of big companies in transportation. The preliminaries on both companies have been completed. The owner is in the beginning stages of developing these accounts and initial orders and contracts are in place. The Company is listed in North America’s number one industrial sourcing platform. The Company uses a marketing video. They have done trade shows in the past.
  • Employees:

Property Descriptions

The Company is a manufacturer of custom cables, assemblies, and harnesses. The Company offers customers a domestic partner to work with for custom products. They can manufacture low to mid-size volumes with high product mix. The Company’s expertise in cable manufacturing and assembly, covers just about every industry where cable connectivity is needed. Industries include OEM, transportation, industrial, electronics, data centers, construction, government, manufacturing, security, wireless, and utility. This business is well positioned to provide a stable and profitable platform for growth. It is an attractive acquisition candidate for strategic or private equity desiring a well established business. The Company has a recurring revenue business. In 2020, the Company yielded $4 M in revenue with Adj. EBITDA of $416,000. The Company is on track to achieve $6 M in revenue with $1.1 M Adj. EBITDA for 2021.

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Business Listed By

Todd Cushing 100 S. Saunders Road, Suite 150, Illinois, Lake Forest