Optical Component Manufacturer
Business Description
Description:
The Company is a manufacturer of high-precision optical components, film coatings, and other infrared products to support complete CO2 high power, low power, and fiber laser systems.
Key Aspects:
• From 2021 to 2024, gross profit and adjusted EBITDA margins averaged 67.4% and 7.9%, respectively.
• Diverse product offerings, with no one segment representing more than 40% of overall revenue each year.
• As of January 2025, the Company has over $270k remaining to be billed on current orders.
• Operating in a world-class facility with access to advanced manufacturing equipment, clean rooms, and laboratories.
• Global distribution network with a presence in over 85 countries.
• Actively working to obtain contracted maintenance programs for military, aerospace, and industrial clients are in place, ensuring predictable, recurring revenue streams.
Opportunities:
• Continue strategic expansion into military and defense markets by capitalizing on the recently secured contract the Company has in place with a prime military contractor.
• Leverage the Company's International Traffic in Arms Regulations (ITAR) compliance, ISO 9001:2015 certification, and NIST 800-171 cybersecurity standards to access classified and high-security military contracts.
• Focusing on expanding international sales and military custom projects, leveraging the Company's global presence in over 85 countries.
• Develop strategic partnerships with government agencies to secure long-term defense, aerospace, and intelligence sector contracts.
• Capitalize on the Company's three-year exclusive contract that was signed in January 2025, to supply Zinc Selenide (ZnSe) raw material and blanks throughout North & South America and Europe.
• Further diversify the product catalog to meet increasing demand in defense, aerospace, surveillance, automotive, and medical applications.
• Expand infrared and custom optics solutions for military surveillance, targeting systems, and drone technologies.
• Continue increasing recurring revenue streams via contracted services and long-term procurement agreements.
Headquartered:
• Southeast, US.
Current Markets:
• The Company primarily serves the US market, with more than 90% of its business coming from the industrial, medical, manufacturing, aerospace, and military industries. The remaining estimated 10% of revenue comes from international sales. Management notes that the Company's total sales each year are divided into 20% online sales and 80% corporate sales, approximately. Overall, sales distribution is 92% in the US market and 8% in international markets.
Real Estate:
• The Company operates from an 18,000 sq. ft. facility leased from a related entity. Management notes that the real estate may be leased long-term.
Shareholder Ownership:
• The Company is wholly owned by a related entity, which is owned equally by a husband-and-wife team. Both owners would like to start exploring retirement options and join with a partner who can capitalize on the many opportunities the Company is offering. Both owners are willing to remain with the Company for a short period to ensure a smooth transition under new ownership, with management noting that one of the owners is open to remaining with the Company long-term.
The Company is a manufacturer of high-precision optical components, film coatings, and other infrared products to support complete CO2 high power, low power, and fiber laser systems.
Key Aspects:
• From 2021 to 2024, gross profit and adjusted EBITDA margins averaged 67.4% and 7.9%, respectively.
• Diverse product offerings, with no one segment representing more than 40% of overall revenue each year.
• As of January 2025, the Company has over $270k remaining to be billed on current orders.
• Operating in a world-class facility with access to advanced manufacturing equipment, clean rooms, and laboratories.
• Global distribution network with a presence in over 85 countries.
• Actively working to obtain contracted maintenance programs for military, aerospace, and industrial clients are in place, ensuring predictable, recurring revenue streams.
Opportunities:
• Continue strategic expansion into military and defense markets by capitalizing on the recently secured contract the Company has in place with a prime military contractor.
• Leverage the Company's International Traffic in Arms Regulations (ITAR) compliance, ISO 9001:2015 certification, and NIST 800-171 cybersecurity standards to access classified and high-security military contracts.
• Focusing on expanding international sales and military custom projects, leveraging the Company's global presence in over 85 countries.
• Develop strategic partnerships with government agencies to secure long-term defense, aerospace, and intelligence sector contracts.
• Capitalize on the Company's three-year exclusive contract that was signed in January 2025, to supply Zinc Selenide (ZnSe) raw material and blanks throughout North & South America and Europe.
• Further diversify the product catalog to meet increasing demand in defense, aerospace, surveillance, automotive, and medical applications.
• Expand infrared and custom optics solutions for military surveillance, targeting systems, and drone technologies.
• Continue increasing recurring revenue streams via contracted services and long-term procurement agreements.
Headquartered:
• Southeast, US.
Current Markets:
• The Company primarily serves the US market, with more than 90% of its business coming from the industrial, medical, manufacturing, aerospace, and military industries. The remaining estimated 10% of revenue comes from international sales. Management notes that the Company's total sales each year are divided into 20% online sales and 80% corporate sales, approximately. Overall, sales distribution is 92% in the US market and 8% in international markets.
Real Estate:
• The Company operates from an 18,000 sq. ft. facility leased from a related entity. Management notes that the real estate may be leased long-term.
Shareholder Ownership:
• The Company is wholly owned by a related entity, which is owned equally by a husband-and-wife team. Both owners would like to start exploring retirement options and join with a partner who can capitalize on the many opportunities the Company is offering. Both owners are willing to remain with the Company for a short period to ensure a smooth transition under new ownership, with management noting that one of the owners is open to remaining with the Company long-term.
Listing Info
- ID
- 2348508
- Listing Views
- 450
Attached DocumentsAttachment Disclaimer
Listing ID: 2348508 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.