Electric Machine Sales Services & Manufacturing In Texas For Sale

Business description

This company is diversified within the industry with five divisions including: (1) Electric Motor Division rebuilding AC and DC Motors up to 10,000 HP; (2) Machine Shop Division; (3) Electrical Services Division; (4) Distribution Sales Division; and (5) Coil Manufacturing Division. The company was acquired by the current owner in 1986 and has seen continuous growth in sales and profitability year after year prior to the recession, but is now in a strong recovery mode.

Property information

Real Estate:

Lease

Location:

The business is located in one of the 25 largest cities in the U.S. and has received several notices for its commercial growth.

Premises details:

The company is located in an industrial area on 3.75 acres. The office and manufacturing facility is housed in a 34,000 building with a detached 2,400 square foot storage buildiing to the rear of the property specifically designed and constructed for the business. The company owner will sell or lease the real estate.

Business Operation

Competition / Market:

The business is the largest in the market with the greatest level of expertise.

Reasons for selling:

The owner wants to retire after a full transition to a new owner.

Employees:

87

Years established:

37

Other information

Support & training:

The current owner will continue to work with the buyer as needed. The company has an excellent management staff.

Furniture / Fixtures value:

$1,000,000 (included in the asking price)

Inventory / Stock value:

$685,235 (included in the asking price)