The business was incorporated in 1999 manufacturing PC industrial computer peripherals based on 5 of the owners electronic patents. The company manufactures and sells industrial peripherals products worldwide. The company is a manufacturer and distributor. Reason for selling, the owner is 70 and wants to retire.

Revenue's - 1999 - 2005 $150K-$220K per year. Two employee manufacturer 2005 - $166K, 2006 - $266K, 2007 - $663K, 45% GP, 2008 - $330K, 50% GP, 2009 - $260K, 63% GP, 2010 - $319K 58% GP, 2011 - $274K 64% GP.

All of the shown revenues are from internet contacts, with no other sales force, nice business for two people but it is leaving a lot of money on the table. The owner presently maintains this business with a modest income, but there are many opportunities to grow the business 10X's - can you set up a nationwide sales network, do you have knowledge of assembly langauge, if so then the owner can have you running the busuness in 30 days. One order in 2007 was for $282K, there are many more, can you sell PC computer peripherals to industry?

Don't buy the business if you think of running it at it's present size without growing it, it is too many hours for one person, there is also to much growth opportunity in new business that I don't want to deal with at this point in my life. So think of 2-3 million gross if you have the expertise.

This is not an asset sale, if you don't want to make money with the business, then buy your assets somewhere else.

The company has equipment for the following profit centers:

1. A manufacturer of current industrial computer peripherals, all shown revenues are from these products.

2. A contract manufacturer/assembler of electronic and mechanical products. I have no time for this activity so no income shown for this business.

3. A contract surface mount RoHS assembly house, 2 complete SMT lines. I have no time for this activity so no income shown for this business.

4. A complete machine shop, sheet metal shop, model shop, tool and die shop, welding shop, and paint shop. I have no time for this activity so no income shown for this business.

Assets - $1.1M:

Building Tax accessed at $424K, mortgage $245K = $179K instant equity to buyer!

10,000 sq ft building, 5,000 sq ft A/C, 2 acres of land, 16 plastic injection molds, 5 PC's, Fax, Pop-up booth, scanner, Photostyler, Photo Shop, Pagemaker, HP Roll 36" plotter, 72" Cannon Roll printer, AutoCAD, Multisim V-10, Unltiboard V-10 (unlimited nodes), 2 Tektronix O'Scopes, 2 printers, 2 drawing tables, light table, wave form generator, frequency counter, power supplies, 29 assembly tables, 2 microscopes, misc hand tools, assembly fixtures, drill press, 2 Bridgeport milling machines, Clausing turret lathe, 72" shear, 36" shear, vertical ban saw, surface grinder, horizontal band saw, optical compareter, 2 drill presses, 18 ton OBI punch press, 24" brake, 36" brake, 12 ton 48" brake, corner notcher, air compressor, misc hand tools and equipment, Square wave heliarc welder, gas welder, stud welder, disc grinder, bench grinder, Case Loader/fork lift, 2 Branson Sonic Welders, MyData TP-9 pick and place machine, MyData TP9-UFP pick and place machine, Mydata TP11-UFP pick and place machine, Vitronics reflow over, Heller reflow oven, 2 MPM screen printers, DEC screen printer, ABC batch board washer, MPM SPM Screen Printer, 240/480 75 KVA Dry Transformer.

Selling Price - $925K, includes building, with 7patents and 2 new patent applications.

Including:

5 U.S. Patents 5,378,069 - 5,577,848 - 5,605,406 - 5,707,160 - 5,785,439 for industrial keyboards with 600 customers selling world worldwide resulting in the above revenues.

2 U.S. Patents 5,995,085 and 7,209,127 for NEW Ergonomic Dual Screens with a PC, all tooled and waiting for a marketing champion, no income yet from this product.

Positions a second display, touch screen and digitzer centrally to PC that flips from vertical for a display with touch screen to horziontal over the keyboard for a display with digitizer.

An application filed with the PTO for a quadriplegic keyboard, all tooled and waiting for a marketing champion, no income yet from this product.

Includes a laser activated keyboard with mouse for a PC, and wheelchair controls. Price $400 with nearest competition between $1,500 and $25,000. There are 400,000 quadriplics in the world, 200,000 in the USA.

An application for a medical keyboard.