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Specialized Computer Programming Services Engineering For Sale (Illinois, United States) Asking Price:$758805

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Specialized Computer Programming Services Engineering For Sale


Revenue $, Cash Flow $, Established 15 years

The Company provides specialized computer programming services to test the functionality of printed circuit board assemblies (PCBAs) used primarily in mission-critical testing, monitoring, and measurement equipment in various end-use applications such as aerospace components, building controls, and scientific equipment. Its core services include in-circuit test program development (24% of 2012 sales), flying probe test program development (27%), and other related miscellaneous services (5%). Additionally, the Company designs, develops, and markets a line of proprietary, patented LED Sensor products (44% of 2012 sales), which are used to test the color and intensity of LEDs on PCBs. 
The Company’s core customer base consists of contract manufacturers, aerospace component manufacturers, and electronic fixture manufacturers (collectively 74% of 2012 revenue). The Company also works with building controls and scientific equipment manufacturers. It operates from an 8,000 sq. ft. facility and has a team of eight dedicated, non-union, employees.

Business Information

Number of Staff

10

Ownership

Yes

Any Expansion potential

The Company has long-term, multi-year relationships with its key customers. Specifically, its top fo

Reasons for selling

The owners view a potential M&A process for their Company as a method to diversify their risk and estate plan. The VP is interested in remaining with the Company at least through a transition period under an employment agreement, at the discretion of a potential acquirer.

Any Inventory / Stock value

Yes

Is this a home-based business

Yes

Property

Yes

Telephone

Business Location details

Competition / Market

The principal competitive factors include service and product quality, the ability to provide on-tim

Trading hours

Monday-Friday 8am-5pm.

Any Support & training

The Company has received certification from military critical technical data and International Traff

Any Furniture / Fixtures

Yes

Any Living Accommodation

Yes

Can this business be relocated?

Yes

Is this business part of a franchise?

Yes