This Business Sold (Ref# 190921). I Can Sell Your Business

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Business Profile (Ref# 190921)

• This niche business provides equipment for the eyecare industry. Their products are essential components of the research and development (R&D) and quality assurance (QA) aspects of manufacturing. Their equipment has become the standard test platform for the world’s eyecare industry. They are the only manufacturers of this equipment, which is required for the rapidly growing worldwide industry niche. The business requires only the owner and, at times, one part-time employee and is located in a small facility located on the owner home property. 

History

• The company was formed from the work of two engineers working at a major University. In the 1970's, two founders started separate companies. Their firstcollaboration was in 1976 and their combined efforts led to the start of the Company as it is known today. Even though the current owner has limited the growth of the business due to other interests, sales have remained consistent. 

Reason For The Sale

• The current owner purchased the business in 2013 with plans to bring his son onboard to run the business, but his son’s interest in the business never materialized. The owner has other technology companies and he has not been able to   devote full attention to this business. For that reason, he has decided to sell the business.