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MANUFACTURER PATENTED ELECTROPLATING EQUIPMENT

Founded in 1995 this High Margin Niche Manufacturing Business is a leader in the development and manufacturing of Patented Electroplating Equipment. The company’s manufacturing technology features a full line of versatile Brush Plating modules along with unique and superior equipment for rinsing and cleaning and uniquely engineered Stripe Technology for Precision Stripe Plating. It has developed Loose Parts Selective Plating Equipment (“Patent Pending”) which provides economical selection of Precious Metals for Connectors. Recent product additions include Material Handling products such as Dereelers, Reelers and Accumulators designed to increase manufacturing efficiency. The company’s product line also includes Spot Plating equipment along with Stripe Plating equipment. The business has 30 plus active repeat accounts which includes OEMS and Independent Electro-Platers and includes Plating Job Shops that plate Circuit Boards, Connectors and various parts for the Cell Phone, Computer and Automotive Industries. Sales generated are approximately 70% domestic and 30% international including Europe, Asia and India. There are Two outside Commission Representatives that handle sales in the Mid-West and Western United States. Eight Full Time Employees include the Owner, a Designer/Manager, One Design & Production Manager, Four Machinists plus One Accounting/Administrative Person. The business occupies 6500 square feet of plant and warehouse space plus 1500 square feet office space on a year to year lease. Non-Union. Owner wishes to retire and is available for any transition required

Revenue:  1850000
Cash Flow:  650000
Years Established:  20
Training and Support:  Yes.
Number of Employees:  8
Seller Financing:  Possibly.
Reason for Selling:  Retirement