Asking Price:   $1,285,000

Gross Income:   $1,862,620 (2009)

Cash Flow:   $293K (2009e SDE)

Accounts Receivable:   $184,183 (3/31/10 BS)

Inventory:   $182,349 (3/31/10 BS)

Real Estate:   Leased

Financing Info: 10 yr SBA pre-approval has been obtained for qualified buyers.

Business Description:

Our client (CMfr) is a proud of its nearly 25-year reputation for superior quality and customer service.  While their competitors are out looking for new accounts, CMfr is working effectively to keep the ones that they have.  Word of mouth has been their most effective business development tool.  This explains why their sales have continued to increase in the face of a challenging economic environment.  They have also benefitted from a reversal of the off-shoring trend that had severely affected the contract assembly industry.

The founder was part of a highly successful corporate start-up team.  After that company went public, he was able to apply his considerable manufacturing skills to start his own business.  His philosophy is embodied in CMfr‘s ISO 9001:2008 accreditation.  Through this accreditation, the company implements established processes and documentation.  There is no tolerance for mediocrity.  CMfr‘s management team and staff are highly tenured and share this philosophy.  The company has kept abreast of technology and offers both leaded and unleaded RoHS PCB assembly capabilities.

Having positioned the company for many years with profitable operations, the owner is ready to retire.  This is a dream company for a first-time buyer with the relevant skills and industry experience.  It also offers great potential as an acquisition for a company seeking to expand into the Chicago market.  The owner is agreeable to assisting in any required transition, but he is confident that the established ISO processes and skilled and tenured staff will minimize the need for his post-sale involvement.

This opportunity has been pre-approved for SBA 7a financing.

Year Established: 1985

Employees: 15 FT

Reason for Sale: Retirement

Support/Training: One month by owner at no charge

Questions? Contact:

Joe McCaul

Phone: 312-212-8046

jmccaul@BrokerChicago.com

Please select one of the two links below to be directed to the appropriate form.  You will need to complete this documentation to receive additional information regarding this opportunity.

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