Laser and Radar Systems Testing Company

Asking Price:

Open to Offers

Financial Overview

Revenue:
$6,186,124
Income:
$1,221,500

Business Description

For sale is a company comprised of two distinct but entwined businesses who both contribute equally to revenue. The first is a veteran-owned & operated company with decades of combined experience from a team of skilled engineers working in the aerospace and defense industries that design and develop the latest test and measurement systems. The second is a leading supplier of Automated Test Equipment (ATE) systems, whose expertise spans testing analog, digital, RF, microwave, fiber optic sub-assembly, or component performance.

They have a dedicated customer base in the commercial and defense industries and are an approved supplier across the Department of Defense (DoD) and a preferred supplier for many aerospace and government entities (including Northrop Grumman Baltimore and Lockheed Martin Denver).

They boast multiple profit streams through each company, including creating innovative products and cultivating repeat revenue through service and maintenance on both the hardware and software side.

Four owners run the business: 2 are full-time, 1 is part-time & remote, and 1 is mostly passive. The owners are willing to discuss a reasonable transition plan.

This is a strategic acquisition; not for sale to a cashflow buyer looking to acquire on a standard multiple of earnings.

Future outlook: the business currently has a strong $21M+ pipeline, and historically they have a 60% win rate. The owners expect the next few years will be strong growth years.

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