Industrial Equipment Reconditioning & Distribution Business For Sale

Business description

Industrial Equipment Reconditioning & Distribution Business Summary: This 35-year old, high profit Company purchases used electromechanical and hydraulic industrial equipment, reconditions them, and then markets them to 100,000+ outlets in the U.S. A new California EPA requirement has significantly increased demand for the Companys product. Limited competition helps the company achieve high margins. Minimal accounts receivable as most sales are paid in advance. Inventory is professionally categorized and is meticulously organized. Very efficient fabrication and assembly operation due to experienced employees who have worked for the company for years. The Company has a shop for fabricating difficult to source components. Real estate (Building and land) also available for sale at fair-market-value of $2.2M. The ideal buyer would be a strong general manager with sales/marketing skills and the energy and work-ethic to double sales volume in 24 months. General Information Year Established: 1972 Employees: 7 full-time employees at a total monthly compensation of $25,100 Facilities: 7,000 square foot facility on an acre of land. Owner will write a triple-net lease starting at a monthly cost of $12,500, with renewal options. Or, the building and land is available for purchase at fair-market-value. Price Includes: Tenant Improvements and furniture, fixtures and equipment. Inventory of $550,000 not included in the asking price. Support/Training:Seller will provide training. Reason Selling: Retirement Asking Price: $1,200,000 Gross Revenues: 2,057,000 Sellers Discretionary Earnings: 480,200 For more information on this business opportunity.

Property information

Real Estate:

Real Property Included

Location:

7,000 sq ft building.

Other information

Support & training:

Seller will provide training.

Reasons for selling:

Retirement

Trading hours:

Mon-Fri

Financing available:

Seller will provide some financing.

Inventory / Stock value:

$550,000

Contact the seller