Open during lockdown & sales are up!

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

What time is it on the clock?


Call Us:

Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
10061 - High Tech

Location:
Northern California - Northern California

Open during lockdown & sales are up!

Business Description:

UPDATE-This is an "Essential Business" and has remained open during the Covid-19 lockdown. Some customers are in biomed industry and are also essential. This well established Northern California Industrial Optics Manufacturer specializes in custom high precision optical components and opto-mechanical assemblies. Seller would consider an extended transition period to assist the buyer. Seller says decline in sales for FY ending Sept 2019 is temporary due to some consolidation among customers and sales have pick up for this FY. Gross revenue for the first 7 months of this fiscal year are already over $1 mil. If trend continues, on target for $1.8 mil.


Asking Price: $2,100,000


Inventory (included):
$135,000

Real Property Available:
No

Save/Print (PDF)

Recast Earnings (Not Verified by Business Team)

12 Months Ended

4/30/2020

$1,636,778
(Sales)

$533,987
(Adjusted Cash Flow)

12 Months Ended

9/30/2019

$1,317,531
(Sales)

$337,715
(Adjusted Cash Flow)

12 Months Ended

9/30/2018

$1,759,866
(Sales)

$591,862
(Adjusted Cash Flow)

12 Months Ended

9/30/2017

$1,604,047
(Sales)

$490,506
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 3 1
Owners 2 0

Hours of Operation
M-F 7:30 - 4:30

Licenses Required:

  • Business
  • Hazardous Mat Permit
  • Fire Permit

Lease

Monthly Rent Including NNN:
$11,600

Expires:
6/30/2025

Option:
For 5 years

Size(sq.ft.):
11,485

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Retirement

Training:
4 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.