Oven Manufacturer for Silicon Annealing / Semiconductor Industry
Business Description
The company is a full-service manufacturing business that specializes in building silicon glass and quartz industrial ovens for the annealing process. This business offers wide range of products for the Semiconductor, Fiber Optics, Glassblowing, Ceramics, Chemical and Environmental Industries. The manufacturing facility is fully equipped for end-to-end production of ovens per the customer’s specifications. The company also provides on-site, extremely profitable, silicon annealing services.
With the recent passage of the CHIPS Act, providing a major financial boost to the Semiconductor manufacturing industry, the seller is experiencing strong demand for the company’s ovens and services. The Silicon Annealing process is a vital link in the supply chain of Semiconductor manufacturing.
The CHIPS Act funding will be allocated over the next five years for the construction of domestic semiconductor fabrication plants providing extraordinary growth potential. The company currently has over $1,500,000 oven production orders for the next two years.
The company operates in a 10,000 SF facility located in upstate New York. The real estate is also available for purchase and is incidental to sale of the business. The business is open 5 days a week. It is prices to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition. SBA pre-approval is underway.
• Asking Price: $2,000,000
• FF&E: $250,000
• Annual Cash Flow: $475,000
• Gross Revenue: $1,200,000
• Inventory: $200,000
• Employees: 3 Full-Time
• Monthly Rent: $2,500
• Security Deposit: $5,000
• Down Payment: Negotiable
• Established 1950
Reason for selling: Owner is seeking retirement.
With the recent passage of the CHIPS Act, providing a major financial boost to the Semiconductor manufacturing industry, the seller is experiencing strong demand for the company’s ovens and services. The Silicon Annealing process is a vital link in the supply chain of Semiconductor manufacturing.
The CHIPS Act funding will be allocated over the next five years for the construction of domestic semiconductor fabrication plants providing extraordinary growth potential. The company currently has over $1,500,000 oven production orders for the next two years.
The company operates in a 10,000 SF facility located in upstate New York. The real estate is also available for purchase and is incidental to sale of the business. The business is open 5 days a week. It is prices to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition. SBA pre-approval is underway.
• Asking Price: $2,000,000
• FF&E: $250,000
• Annual Cash Flow: $475,000
• Gross Revenue: $1,200,000
• Inventory: $200,000
• Employees: 3 Full-Time
• Monthly Rent: $2,500
• Security Deposit: $5,000
• Down Payment: Negotiable
• Established 1950
Reason for selling: Owner is seeking retirement.
About the Business
- Opportunities for Growth
- There is plenty of growth and expansion.
About the Sale
- Seller Motivation
- Seller is retiring.
- Transition Support
- Seller will support and train to ensure a smooth transition.
Listing Info
- ID
- 2009639
- Listing Views
- 4724
Listing ID: 2009639 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.
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