Nickel Electroforming Services Company For Sale

September 13th, 2011

Roy Moss

This Company for sale is a a veteran provider of electroforming services producing electroformed nickel abrasion strips for the protection of composite rotor and propeller blades, as well as nickel electroformed molds for various industrial applications.

Company Highlights

Modern facility utilizes more than 65,000 gallons of nickel electroforming solutions with a variety of tank sizes; offers a broad range of production capabilities to customers
Serves a variety of industries including aerospace, automotive, federal and industrial scientific engineering organizations, and consumer goods producers
Profits from an active account base of approximately 16 customers providing an 80 percent rate of repeat business
ISO 9001:2000 and AS9100 certified as of 2006; AS9100 is the Quality Systems Aerospace Model for Quality Assurance in design, development, production, installation and servicing and is the first standard available for use across the global aerospace community
Scheduled to receive NADCAP certification in 2011 – The National Aerospace and Defense Contractors Accreditation Program is a global cooperative standards-setting program for aerospace engineering, defense and related industries. The certification is required by many of the largest military and civil aerospace manufacturers in the world.
Provides a highly specialized niche service, with only three companies posing a direct competitive threat
Substantial growth opportunities with the possibility of two large military contracts in the near future
Celebrating 50 years of operating history

	Actual			Projected
FYE December 31	2008	2009	2010	2011	2012	2013
Sales (In $ Thousands)	2,075	2,528	2,314	2,500	2,750	3,025
Cost of Goods Sold	1,343	1,339	1,239	1,350	1,485	1,634
Gross Profit	732	1,189	1,075	1,150	1,265	1,391
Operating Expenses	491	590	599	642	700	763
EBITDA plus owners’ comp	241	599	476	508	565	628