Needed Product for Municipalities For Sale

Business description

This business is a specialized equipment supplier of commercial grade equipment. These units are sold throughout the country but the primary territory is in the Northeast. The business has been in existence since 1978. The company has been providing new installations and service work to a variety of commercial and municipal users. It is one of only a few providers of such equipment and services and therefore enjoys the advantages of long standing relationships. The founder of the business died a few years ago and his daughters have decided to sell this business in order to simplify their lives and allow more time to manage their other business. One owner only works slightly more than one day per week on this business. It is easily managed. This attractive equipment supplier is priced at $100,000 plus inventory which is estimated at $100,000 - 150,000. This business could be relocated from a management perspective under the right circumstances. The two key employees will not move.

Property information

Location:

The business has only limited assets other than inventory. It is primarily warehouse racking, tools and handling equipment. It can operate from 2,000 or less square feet.

Other information

Expansion potential:

There are considerable opportunities for a new owner to grow this business. Among those identified are:

? Resume attendance at trade shows.
? Proactively solicit additional business from existing customers.
? Identify new customers and establish a marketing plan to sell these prospects.
? Add new complementary lines.

Competition / Market:

Two other firms operate in the market served. This firm enjoys an excellent reputation and has a loyal customer following. It has a well stocked parts department that supplements its service department.

Reasons for selling:

Seller will provide reasonable support but most support will come from two key employees.

Financing available:

Cash sale preferred but seller will consider financing.

Inventory / Stock value:

$100,000