Electrical/Mechanical Equipment Manufacturer

FL

Electrical/Mechanical Equipment Manufacturer
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Asking Price: $5,500,000

Cash Flow: $1,416,000

Gross Revenue: $4,134,000

EBITDA: N/A

FF&E: $500,000

Inventory: $250,000

Established: 1992

Electrical/Mechanical Equipment Manufacturer

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Business Description

26 year old Manufacturer of electrical/mechanical equipment for major utility industry companies. Highly respected, Gulf Coast Florida based, profitable. Good growth by adding an associated stand-alone field service company in early '18 which is included in this offering + Gained a solid multi-year contract started Jan. '19. The combination of the two companies provide turnkey solutions to customer needs that are not available from others. Seller will consider an employment contract for an extended transition training period. Significant AR's included.** Buyer Financial Statement Must Show At least $1.5 Liquid Down Payment + related Business Resume/Background.

Detailed Information

Inventory:
Included in asking price
Employees:
14 FT/2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Great potential for growth if a buyer can bring in the administrative staff to back up the growth. Currently can't keep up with the work or follow-up needed to really go to the next level.
Financing:
Lender pre-screened with $1,925,000 down.
Support & Training:
Will train for 2 weeks @ $0 cost. Administration, sales & marketing.
Reason for Selling:
Retirement.
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Dan Gore

Business Listed By:
Dan Gore

Murphy Business & Financial Brandon

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