Commercial Equipment Maintenance & Repair

Knoxville, TN (Knox County)

Seller Financing Available
Commercial Equipment Maintenance & Repair

Asking Price:$950,000

Cash Flow:$295,000

Gross Revenue:$375,000





Commercial Equipment Maintenance & Repair

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Business Description

Regional leader in mobile equipment maintenance and repair of garbage Compactors, Balers and Recycling equipment. Very successful with lots of growth in the last few years and potential to double/triple revenues/profits in next 3 years. Several long term contracts in place with opportunity for more in other SE cities. Expert services include heavy equipment repair, facility retrofits, hydraulic systems, mobile hotwork (welding, cutting, grinding), and custom equipment fabrication. 2015 estimate of revenue to source: 1) Contracted work - 80%; 2) Outside contract work 15%; and 3) Equipment buy/repair/sale - 5%. Seller financing available. Please contact Shannon Cathey at 256-289-1564 or for more details.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Very good especially if you expand beyond the immediate area. There are several long term contracts for maintenance, repairs, and replacements in place with opportunities to add more in other SE cities. These contracts make up the majority of the revenues for the company annually. Additionally, there are many jobs on a weekly basis that are not contracted but come in through via word of mouth and/or marketing. One example of a contract: Signed November 2015 as a renewal contract for $250,000 over 5 years for maintenance in local area. This company has offered the same contract for the Nashville, Asheville, and Atlanta areas with the monetary differences since these would be larger area locations.
Seller financing available
Support & Training:
Yes, 1 full year if needed.
Reason for Selling:

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Shannon Cathey

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Shannon Cathey

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