Midwest, Large Capacity Industrial Equipment Repair Facility

OH (Relocatable)

Seller Financing Available
Midwest, Large Capacity Industrial Equipment Repair Facility

Asking Price:$3,500,000

Cash Flow:$674,038

Gross Revenue:$5,425,644

EBITDA:N/A

FF&E:$500,000

Inventory:$252,530*

Real Estate:$1,200,000*

Established:2004

*not included in asking price.

Midwest, Large Capacity Industrial Equipment Repair Facility

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Business Description

Great Cash Flow, Skilled and Stable Workforce & Growth Opportunities

A niche Midwest industrial equipment repair facility supports the pump & valve, steel, and paper industries. Known for quick turnaround with cost efficient solutions, they offer a range of service including design, fabrication, reverse engineering, maintenance and repair using new product technologies through a growing network of interrelated services. The company has the capabilities of handling very large rolls of material and have highly specialized milling and boring capabilities. Their clients are located within a four hundred mile radius of their location. A loyal & skilled workforce with and an administrative team manage the business effectively.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
35,000
Employees:
21
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This entity occupies 35,000 square feet on 5 acres. Included are approx. 30,000 sq. ft. of production space; 4,000 sq. feet of storage and 1,000 sq. ft of office space. The real estate is for sale under a separate agreement of sale.
Competition:
Our client is uniquely positioned and equipped to handle large projects, minimizing competition and maximizing profit margins.
Growth & Expansion:
The company sales are trending upwards. Opportunities exist in new sectors which could be developed through the expansion of the outside sales team.
Financing:
Partial seller financing is available
Support & Training:
Incredibly passionate about his business and selling, one shareholder is willing to remain on board with a work contract for up to five years. The other shareholder is willing to stay on for up to one year with a work contract to assist with the transition. A highly skilled workforce is in place and expected to remain on board after the acquisition.
Reason for Selling:
Both shareholders are approaching retirement.

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Frances Brunelle

Business Listed By:
Frances Brunelle

AcceleratedMfgBrokers.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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