Sask Based Technology Firm For Sale

This company is a leader in the province in the industry of printed circuit board assembly. They can also do cable wire harness assembly, prototyping and low to medium volume production, testing, inspection and box build / final assembly. They can support customers technology needs in a variety of industries. Over 80% of their business is from Saskatchewan clients - this represents a huge growth opportunity outside of the province. Over 90% of their business is repeat clients. They have two complete production and equipment lines that allow for huge ramp up in sales and production to drive higher revenue and earnings in future. Sales in the last fiscal year were approx $1.8M and are expected to be lower at around $1.2M in the current year. A share sale is proposed at the list price and would include FFE with a projected MV of $650k (including building) and W/C of $350k (including inventory). The business is located in south central Saskatchewan.