Manufacturer Of Hydraulic Cylinders And Used Parts Sales For Sale

Business description

This 14 year old company in east-central Ohio serves a number of different business segments such as waste hauling, construction, steel, drilling and mining. It is growing as a result of increased activity in the Marcellus shale gas field. The 18 acre site is also available and lies above the gas field with mineral rights. The company is stable with recent revenue growth and priced to sell. The business model includes the purchase of used caterpillar machines, disassembly, rebuilding of major parts and inventorying of used parts. Parts are sold world wide, which helps offset the national recession along with the upbeat local activity. Inventory is professionally appraised at over $4 million and will be heavily discounted to the buyer. When the construction side of the economy is revitalized, the sales level and value of this business will increase accordingly. The cost of Caterpillar OEM parts increases each year and used parts inventory follows suit. Seller is semi- retiring and finds it a bit cumbersome to operate from headquarters on the west coast.

Property information

Real Estate:

Real Property Included

Premises details:

55,000 sq ft, $N/A

Business Operation

Reasons for selling:

Seller semi-retiring

Employees:

Full Time: 7

Years established:

15

Other information

Financing available:

Downpayment Required: $100,000
Monthly Payroll: $27,700
Financing is Available