Industrial Service, Repair and Distribution--Electric Motors and Pumps

Powhatan County, VA

Seller Financing Available
Industrial Service, Repair and Distribution--Electric Motors and Pumps
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Asking Price: $650,000

Cash Flow: $230,000

Gross Revenue: $1,900,000

EBITDA: N/A

FF&E: $150,000

Inventory: $115,000

Established: N/A

Industrial Service, Repair and Distribution--Electric Motors and Pumps

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Business Description

Owner retiring, great expansion for other industrial shops

Established repair business located in a sizable southeastern city for sale--owner eyeing retirement. Repair services primarily focused on pumps, shafts and motors; repairs performed both onsite and in-house. Key aspects include: diverse, repeating, unconcentrated customer base; key employees (both management and technicians) expected to remain; seller willing to work through a reasonable transition period.

Ideal acquisition candidates will have a background in engineering/repair--mechanical or electrical.

Detailed Information

Location:
Powhatan County, VA
Inventory:
Included in asking price
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All equipment and most vehicles included in the sale.
Competition:
Good geography with a stable manufacturing base. Established sales routes within the area (50-100 miles).
Growth & Expansion:
Possibility to add adjacent product categories and augment the sales efforts.
Financing:
up to 10%
Support & Training:
Owner willing to provide training on a contract-basis for up to a year. May consider a longer arrangement with an appropriate buyer.
Reason for Selling:
Retirement within 2 years.
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Contact the Seller

(from currently available funds)
 
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Tondra Morley

Business Listed By:
Tondra Morley

The Hatteras Group

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Sponsoring Broker:
Alan Clark

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