Wholesale/Dist. - Durable Goods | Services - Other Business Services

$Seller Financing Available

Asking Price	$750,000	Inventory	$100,000*
Gross Income	$2,260,237	Real Estate
Cash Flow	$168,000	Year Established	1991
FF&E	$262,700*	Employees	14

* included in the asking price

** not included in the asking price

This high quality, 18 year old company provides parts sales, service, and rebuilds to a wide variety of customers that use hydraulic or pneumatically powered equipment. The company services the entire Mid-Atlantic area with a focus on Washington, DC, Northern Virginia and Baltimore. Long term customers value the high level of service, emphasis on quality, quick turnaround and competitive pricing. The company's suppliers are among the best in the industry and allow the company to offer such price and service.

Facilities: Company operates from 16,000 square feet of shop and office space in a quiet industrial area convenient to Interstate highways. Facility is leased from an entity controlled by the business owner and is not included in the business sale. This well-equipped facility could easily support 25% more service work and many time more product sales.

Competition: The company's market area is nearly recession proof and is expected to continue its long term growth. The metropolitan area of Washington is the fourth largest in the country and leads all the major metropolitan areas over the last 5 years in employment growth. In addition, the recommendations of the Department of Defense Base Realignment and Closure Commission (BRAC) will generate an additional 40-60,000 high paying Defense and Contractor jobs in Maryland over the next 4 years on top of the underlying growth rate.

Growth/Expansion: The Company had shown good growth rates and was on pace for a record year until the financial meltdown in the last quarter of 2008 caused many customers to pull back on spending. Sales have returned in the first quarter of 2009 but at a slower rate than in the same quarter of 2008. The company can continue to grow by allowing the market to come back, emphasizing machine shop work and taking on some additional industrial product lines. The company does very little marketing and relies upon referrals and its website for new business.

Seller Financing Available: Yes

Financing: Seller will finance for qualified buyer

Support/Training: Seller will train for 4 weeks at no cost and is willing to stay full time for 2 years and much longer on a part time basis especially in a sales capacity.

Reason Selling: Retirement although willing to work 4 days per week for few years