Presently located in industrial condo, in Virginia, which I own.
About 1,700 square feet.
Sole source on many items. ~ 60% of billing is DOD related work.
Products: mechanical cable assemblies; push-pull controls. Currently dead market products: quadrants, landing gear selector switch.
What we make here is all (100%) hand labor - skilled - and the equipment is
highly special - a lot of it cannot be replaced - that's why we are sole
source for many products. Equipment can be seen at: www.beechhurst.com/Equipment.html
Location is not important - everything gets shipped. No patents - paper
clip technology for most of what we ship. No license, except local
business lic. so they can tax us.
Intellectual Property:
Cable assemblies: 4,379 part numbers documented. P-P controls: 435 part
numbers documented.
Current inventory: $ 27,974 ($ 22,279 cost basis).
Aviation Market:
In aviation, you have to be prepared to re-invent yourself every 5 years -
or doomed to failure. For example: in 1987 there was about 50 firms using fast airplanes to fly canceled checks around the country. Today: 0
In the late 90's, we did a LOT of work for companies trying to bring a new aircraft to market and, that is the reason for the
broad product line - eventually, they all failed. Today, most of what we ship are simple cable assemblies and push-pull controls.
So, one has to be continually sniffing about for new market opportunities.
This would be perfect for somebody that already has a facility. Hire a part timer, and put about $50,000 a year in your pocket.
Willing to train. Requires talented hands; again, it is all hand labor.
Financials: Sales,always under $250,000 a year - particulars: ask!