Offered Exclusively Through Keate Partners

 

ACQUISITION OPPORTUNITY M-1713

Manufacturer of Thermometer Tubes

The company is a manufacturer of general purpose (non-mercury) thermometers used in products that range from swimming pool thermometers to science kits.  

These tubes are used in its customers’ various products that include:

  • Pool thermometers
  • Temperature measurement of (chicken) breeding rooms
  • Temperature measurement of oxygen delivery in hospitals 
  • Novelty or general temperature measurement products for consumers
  • School science kits
  • Freeze indicators used on shipments of produce, pharmaceutical & chemical products

 

  The Company is offered for sale at $290,000 as an asset sale.  Assets included are:

·        Inventory of $150,000

·        Net receivables over trade payables of $40,000

·        Equipment: original value of $1,000,000 but due to the limited market for the equipment, no fair market or liquidation value is being represented*.

FINANCIAL SUMMARY  ($000):  

 

2001E  

2000  

1999  

Assets & Liabilities Included

Sales

$1,100

$1,149 $1,021

Receivables

$120

EBDITA 130 127 73

Inventory

150

       

Trade Payables 

(80)

       

Net Current Assets

$190

       

Plus All Equipment

*

EBDITA- Earnings before expenses of depreciation, interest, taxes adjusted / recasted to eliminate certain discretionary expenses.

FOR FURTHER INFORMATION CONTACT KEATE PARTNERS (513) 241-3700