30-Year Established Air and Gas Compressor Business

Kernville, CA (Kern County)

Seller Financing Available
Air & Gas Compressor Business for Sale in Kern County
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Asking Price: $600,000

Cash Flow: $255,000

Gross Revenue: $1,500,000

EBITDA: N/A

FF&E: $200,000

Inventory: N/A

Rent: $1,200 /Month

Established: N/A

30-Year Established Air and Gas Compressor Business

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Business Description

Business is distributor and servicer of specialized air & gas compressor systems. Majority of revenue is from service to compressed air and gas systems for major and independent oil companies. In business with same owners for over 30 years. Ideal buyer for this business is a company already involved in the oil field support trades.

Sale price of $600,000 includes approx. $200k FF&E and 6 company vehicles.

Average financials over last 3 years:
Avg Revenue = $1.5M
Avg SDE = $255,000

Revenue split is 70% air products/services, 30% gas products/services. Capable and experienced technicians in place. Growth all via word-of-mouth with no marketing.

Owners are ready to retire, but one owner is willing to remain in employee/consulting capacity to ensure smooth transition.

Listed by: Lamar Rutherford, lamar@exitconsultinggroup.com, c: 619-333-6296

Detailed Information

Real Estate:
Leased
Building SF:
5,200
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business has operated out of a 5,200 square foot facility for the past 36 years. The space includes 3 admin offices, a library, a lunchroom, and two restrooms. There is a workshop connected to the main office space and is equipped with an overhead crane.
Financing:
SCN available for right buyer with significant down payment
Support & Training:
Training will be offered by owner who is willing to remain in employee/consulting capacity to ensure smooth transition.
Reason for Selling:
Retirement
Business Website:
http://www.exitconsultinggroup.com/listings/industrial-equipment-sales-service/
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(from currently available funds)
 
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Lamar Rutherford

Business Listed By:
Lamar Rutherford

EXIT CONSULTING GROUP

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Sponsoring Broker:
John Ovrom

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