For sale is a 17-year-old worldwide leader in electronic component design and manufacturing company in Florida. The company’s vast array of power and transformer products are used in professional audio, computing, consumer electronics power conversion, industrial electronics, and defense. With state-of-the-art custom designs and catalog products, the company is a complete source for electronic OEMs and ODMs. Additionally, the company is a UL Registered & Certified firm for both the United States and Canada. The manufacturing sites are ISO 9000:2000 certified for industry-leading quality. The business is proud to be the preferred supplier for many Fortune 500 companies and international contract manufacturers.
Although the company has repeat business, partly due to “legacy” parts, none of the customers make up a significant portion of the revenue. The average order value is $5K, and the company consists of two owners and 20 contractor sales representatives.
Like many companies, 2020 was an off year. While the factories in China could produce the electronic components products, customers didn’t want them because supply chain issues prevented the customers from building the items that needed the electronic components. As a result, orders were pushed out and delayed, resulting in a decline in revenue and earnings. 2022 saw a substantial increase in margins, due to the company selling much higher margin products. A breakdown is available in the CIM. Sales by product reports are available in the financial package.