Hydraulic Hose and Supply SBA approved

Palm Springs, CA (Riverside County)

Seller Financing Available
Hydraulic Hose and Supply SBA approved
Contact Seller

Asking Price: $589,500

Cash Flow: $193,500

Gross Revenue: $801,107

EBITDA: N/A

FF&E: $80,000

Inventory: $166,000

Rent: $3,857 /Month

Established: 2015

Hydraulic Hose and Supply SBA approved

Save Print Share Valuation Report

Business Description

Established, Profitable Coachella Valley Hose and Fittings business.
Serving farmers, golf courses, wind farm turbine powered machinery, fire hose suction for contractors, brake & power steering hoses.
Key employees have over 50 years experience with custom fittings, retail and off-site installations. Several hundred customers rely on this business due to a "service first" mentality and high performance products. Our specialist silicone hoses can be manufactured to your specification offering flexible or more rigid diameters and lengths possible up to 8 meters long.
Products are shipped all over the world. Minimal local competition.
Business joined "NAHAD" Association for Hose and accessories distribution and attended conferences.
SBA preapproved.
Leased property has over 5,000 SF, Lease transferable. Terms $3,857/mo.
Equipment and fixtures include 2 private offices with PC's, desks, Warehouse has welding and power tools, Assembly area has 3 Gates Crimpers, acetylene brazing, Brakequip crimp & test; A Nissan Pickup, forklift, mobile ladder, pallet jack and more.

Detailed Information

Location:
Palm Springs, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,142
Lease Expiration:
2/28/2021
Employees:
Four
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Modern building located in industrial park. Easy access to I-10 Freeway.
Competition:
Great potential to increase sales. Business has excellent goodwill.
Growth & Expansion:
Business revenue has grown from $200,000 to $800,000 in 5 years. Several cities can be contacted for expansion of hydraulic hoses used in petroleum, chemicals, machinery, medicine, etc. Golf course mechanics use these products.
Support & Training:
Owners will train for 45 days in all aspects and sign a non-competition agreement No experience required.
Reason for Selling:
Retrement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

John Sullivan

Business Listed By:
John Sullivan

Sullivan Business Brokers

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1639233 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


HomeVestors

Franchise Opportunity
Capital Required: $96,000