Circuit Breaker Repairs Refurbishing & Switchgears Business For Sale

Business description

This very profitable business is a “Veteran Owned” company with over 100 years of combined leadership and experience in maintenance of nuclear, fossil and hydro equipment. Formerly with a major Southeast power company, the owners bring strong technical and management experience to the company. Additionally, they maintain a staff of highly skilled technical directors and maintenance support. The company specializes in switchgear refurbishment, preventative maintenance, installation and technical support.
This company started business in 2006 and has gained a "GREAT" reputation for being so diversified in their field. The business has unlimited potential in that they are so specialized on CBR's. Along with the Infrared and Electrical side, the sky is the limit on where this company can go. They are debt free and growing each year! The company is also exploring industrial motors for removal, setting, alignment and vibration. This is a very good market to explore because all factories, industrial commercial buildings and power plants have motors of all sizes that constantly need to be serviced. They have had a significant increase in sales since they have started their website in late 2009 and internet advertising.
This Veteran-owned service company offers electrical switchgear services specializing in circuit breaker refurbishment, preventive maintenance, switchgear inspections, testing, infrared thermography surveys & technical support. Various electrical switchgear systems are serviced including low & medium voltage switchgear, circuit breakers, electrical relays & transformers for the nuclear, fossil & hydro industries. Other services available are installation, power factor testing, troubleshooting, consulting, outage planning & repair.

Property information

Real Estate:

Lease

Location:

Inventory includes: thermal imager, enclosed trailer, multi amp high current test set, circuit breaker operating test set, tools, tables, office equipment, engine hoist, vidar Hi=Pot Bottle tester, DLRO, Megger, Fluke Multi-amp, Plating machine, Battery operated Presto Lift, Topline tumbler and much more. Inventory & equipment are included in the asking price. There is a 2006 Ford E-250 van available to be purchased separately.

Premises details:

There is one office approx. 300 sq. ft. and 1 Shop area approx. 2100 sq. ft. with a Break room. Business can be expanded on the site or relocated.

Other information

Expansion potential:

Growth and expansion could be obtained through a better marketing plan. The company also has the ability to obtain an Unlimited Industrial/Commercial Electrical License.

Competition / Market:

This company offers a diversified group of technical directors, supervisors and technicians who have teamed together to create a comprehensive electrical testing company. Formerly working for a major southeast utility company with nuclear, fossil and hydro circuit breakers, switchgear, power factor and relay testing, these three principal’s share over 100 years of field experience. Because of their experience, customers trust their knowledge and keep coming back! Primary Market National Primary Advertising Method Internet % of Cash Sales 100.00 % % of Repeat Customers 75.00 % % of Referral Customers 10.00 %

Support & training:

Employees are well trained and will most likely stay on after the transition. Owner will stay for reasonable transition to acclimate new owner to clients and the area.

Trading hours:

Days: Monday - Friday
Hours: 7:30am - 3:30pm
On call for emergency

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Nagotiable up to 20%

Furniture / Fixtures value:

$58,000 (included in the asking price)

Inventory / Stock value:

$220,000 (included in the asking price)