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Niche Re-Manufacturer of Petroleum Equipment

GA (Relocatable)

Seller Financing Available
Niche Re-Manufacturer of Petroleum Equipment
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Asking Price: $359,500

Cash Flow: $149,732

Gross Revenue: $335,832


FF&E: $63,499

Inventory: $240,471

Established: 1982

Niche Re-Manufacturer of Petroleum Equipment

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Business Description

A truly niche business with only a hand few of competitors in the U.S. This company re-manufactures petroleum equipment and distributes the finish product nationally and internationally. The company has been in business since 1982 with same owner/operator. The purchase price includes over $240,000 usable inventory. A new owner could start making money on day one.

Detailed Information

Included in asking price
4 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The business occupies one-half of 6,300 square foot metal building that includes a warehouse, office area and shop. The building is situated on large commercial lot with plenty of room to expand or even add another building for rent. The property is owned by the business owner is available for purchase, lease to own, or simply lease at a very competitive rate.
There are only a few re-manufactures of petroleum equipment in the U.S. and there are none located within 250 miles.
Growth & Expansion:
The petroleum industry is ever growing and ever changing, thus there will be continued need for these re-manufactured products. A solid marketing and sales effort could greatly improve sales, especially in the international market place.
$300k down/$59,500 for 36 mos. @ 7%.
Support & Training:
Will train for 4 weeks @ $0 cost. The company takes core parts of petroleum equipment and re-manufactures the cores to near new status that meets or exceeds industry standards.
Reason for Selling:
Retirement and travel.
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Dennis Collier

Business Listed By:
Dennis Collier

Murphy Business Brokers

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Sponsoring Broker:
Anthony Samples

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