Specialized Components Supplier | Established 30 years | Single location with growth plans | [City, State]
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Asking Price
$9,495,000
Detailed Information
Business Description
Established over 30 years ago, this business provides specialized components to various industries including aerospace, defense, semiconductor, food, and general distribution. It is a trusted Tier One supplier, offering both client-engineered components and generic applications. The company's experienced staff is well-equipped to handle current operations and drive future growth opportunities. Operating from a single location with administrative space and maintenance facilities, the business has fostered strong, long-term relationships with key customers. The owners aim to expand by introducing proprietary designs, value engineering, and increasing brand visibility through trade shows. With a focus on scaling the business, they are optimistic about the potential for revenue and cash flow growth in the near future. Looking ahead to 2024, the company is poised for expansion and profitability. By leveraging its expertise and customer base, the business plans to diversify its product offerings and attract new clients through targeted marketing initiatives. With a solid foundation in place and a clear strategy for growth, the owners are confident in the company's