N Dallas Screen Printed Flexible Membrane Circuit Company

Dallas, TX
listing image
Asking Price:$399,000
Gross Revenue:$467,375
EBITDA:$70,000
Established Year:1997
Cash Flow:$110,000
Inventory:$12,757
FF&E:$75,000
BUSINESS DESCRIPTION

Rare Electronics Flexible Membrane Company

We are pleased to announce this rare opportunity to own a local manufacturer of screen printed flexible identification membrane products. This well-established, 27-year-old family owned and operated manufacturing company was incorporated in 1997, by its current owner. They offer a complete suite of identification products, membrane switches, flexible circuits, prototyping, and color matching. They are focused on working hard to meet their customer demand and exceed their customer satisfaction goals while establishing a strong relationship with their customers, manufacturers, and suppliers. As is true of many small businesses, this company has been consistently rewarded with increasing revenues by its loyal customers which resulted in considerable revenue concentration of approximately 57% for its top two customers.

Over the past three years, this company has generated relatively solid revenues of $448K in 2020 and up to $482K, in 2021, $467K in 2022, and it has generated cash flows of between of $180K in 2020, $176K in 2021, $130K in 2022, respectively. Physical Year 2023, which runs from October 1, 2023 to September 30, 2024, is off to a slower start due to what is perceived as temporary inflationary concerns and election year political concerns and uncertainty, and it is expected to fetch revenues of approximately $373K and generate cash flow of approximately $110K.


DETAILED INFORMATION
Location
Dallas, TX
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The company currently operates out of an approximately 7,500 square foot building which is being sold early next year. The business will need to be relocated to another space and we estimate the relocation cost to be $5,000 to $10,000, to another space, within 5-10 miles of its current location.
Competition
A competitor located in Garland is the closest competitor that does screen printing and sells membrane switches but their products are believed to be manufactured in China. Our company's membrane switches are manufactured here in the USA. And their overhead is not as high which creates a competitive advantage for the company.
Growth & Expansion
While this company already has a fairly diverse customer base, of about twenty -five loyal and repeat customers, we believe that that several growth opportunities exist, including increased marketing and advertising opportunities, as the company currently has zero spend on marketing, advertising none on its website and a tiny amount on sales. We believe that the updating of their company website and even a nominal investment in advertising could help ramp up the company’s revenues and could fuel continued growth in the company’s bottom line.
Support & Training
Sellers are willing to provide training and transitional support for 60-90 days after closing.
Reason for Selling
Retirement and the building is being sold is also a contributing f
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Douglas
Batts
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Douglas Batts