Business Sales & Acquisitions
Price
$2,000,000
Location
Central, NY
Industry
Manufacturing
Listing ID
1112021
The company is a full-service manufacturing business that specializes in building silicon glass and quartz industrial ovens for the annealing process. This business offers wide range of products for the Semiconductor, Fiber Optics, Glassblowing, Ceramics, Chemical and Environmental Industries. The manufacturing facility is fully equipped for end-to-end production of ovens per the customer’s specifications. The company also provides on-site, extremely profitable, silicon annealing services. With the recent passage of the CHIPS Act, providing a major financial boost to the Semiconductor manufacturing industry, the seller is experiencing strong demand for the company’s ovens and services. The Silicon Annealing process is a vital link in the supply chain of Semiconductor manufacturing. The CHIPS Act funding will be allocated over the next five years for the construction of domestic semiconductor fabrication plants providing extraordinary growth potential. The company currently has over $1,500,000 oven production orders for the next two years. The company operates in a 10,000 SF facility located in upstate New York. The real estate is also available for purchase and is incidental to sale of the business. The business is open 5 days a week. It is prices to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition. SBA pre-approval is underway. Reason for selling: Owner is seeking retirement.
Seller is seeking retirement
Seller will support and train to ensure and smooth transition.
There is plenty of room for potential growth and expansion.
Price: $2,000,000
Location: Central, NY
Industry: Manufacturing
Listing ID: 1112021
The company is a full-service manufacturing business that specializes in building silicon glass and quartz industrial ovens for the annealing process. This business offers wide range of products for the Semiconductor, Fiber Optics, Glassblowing, Ceramics, Chemical and Environmental Industries. The manufacturing facility is fully equipped for end-to-end production of ovens per the customer’s specifications. The company also provides on-site, extremely profitable, silicon annealing services. With the recent passage of the CHIPS Act, providing a major financial boost to the Semiconductor manufacturing industry, the seller is experiencing strong demand for the company’s ovens and services. The Silicon Annealing process is a vital link in the supply chain of Semiconductor manufacturing. The CHIPS Act funding will be allocated over the next five years for the construction of domestic semiconductor fabrication plants providing extraordinary growth potential. The company currently has over $1,500,000 oven production orders for the next two years. The company operates in a 10,000 SF facility located in upstate New York. The real estate is also available for purchase and is incidental to sale of the business. The business is open 5 days a week. It is prices to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition. SBA pre-approval is underway. Reason for selling: Owner is seeking retirement.
Gross Revenue: $1,200,000
Cash Flow: $475,000
FFE: $250,000
Inventory: $200,000
Reason for Sale: Seller is seeking retirement
Training & Support: Seller will support and train to ensure and smooth transition.
Security on Lease: 5000
Monthly Rent: 2500
Type of Location: Single Location.
Square Footage: 10000
Potential Growth: There is plenty of room for potential growth and expansion.
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Price
$2,000,000
Location
Central, NY
Industry
Manufacturing
Listing ID
1112021
The company is a full-service manufacturing business that specializes in building silicon glass and quartz industrial ovens for the annealing process. This business offers wide range of products for the Semiconductor, Fiber Optics, Glassblowing, Ceramics, Chemical and Environmental Industries. The manufacturing facility is fully equipped for end-to-end production of ovens per the customer’s specifications. The company also provides on-site, extremely profitable, silicon annealing services.
With the recent passage of the CHIPS Act, providing a major financial boost to the Semiconductor manufacturing industry, the seller is experiencing strong demand for the company’s ovens and services. The Silicon Annealing process is a vital link in the supply chain of Semiconductor manufacturing.
The CHIPS Act funding will be allocated over the next five years for the construction of domestic semiconductor fabrication plants providing extraordinary growth potential. The company currently has over $1,500,000 oven production orders for the next two years.
The company operates in a 10,000 SF facility located in upstate New York. The real estate is also available for purchase and is incidental to sale of the business. The business is open 5 days a week. It is prices to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition. SBA pre-approval is underway.
Reason for selling: Owner is seeking retirement.
Seller is seeking retirement
Seller will support and train to ensure and smooth transition.
There is plenty of room for potential growth and expansion.
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334