Financial Information:
Asking Price:   $675,000
Gross Income:   $1,460,560 
Cash Flow:   $281,807
Furniture, Fixtures & Equipment:   Fully depreciated
Inventory:   Normal levels (ca $320K)
Real Estate:   Appraised at $920,000 (Feb 2009)
Financing Info:

Business Description:

The client company manufactures specialty electronics for the health care industry.  The current owner purchased the business in 1972 and is now ready to retire.  It has been consistently profitable but is under-performing to its potential.

Competition/Market Pros and Cons:

Company has an outstanding reputation in the marketplace for the quality and longevity of their products.

Growth and Expansion Pros and Cons:

There is significant under-utilization of the manufacturing capacity.  The business could easily support a doubling of sales volume for the existing product line.  There are new products that have not yet been rolled out.   The business model has not effectively utilized the company's ability to remove legacy equipment from the market as a means of creating demand for new equipment.

There have been relatively few export sales although the product lines are internationally competitive.  The company relies on traditional sales & marketing methods and has not made

effective use of the internet.

Facilities Included (if any):

16,800 sq/ft facility on 2.78 acre site zoned I-1 (Light Industry).  The office area is 6,700 ft2 and the warehouse/manufacturing area is 10,100 sq/ft

General Information

Year Established: 1947

Employees: 19

Reason for Sale: Retirement

Support/Training: Owner will provide 30 days training at no charge and would consider entering into a consulting agreement.

Questions? Contact:

Joe McCaul

Phone: 312-212-8046

jmccaul@BrokerChicago.com

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