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Asking Price:	$2,500,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Machinery
Reason for Selling:	Family Obligations
Year Established:	1977
# of Employees:	32
Yearly Revenues:	$4,609,636
Yearly EBITDA:	$536,135

Business for Sale Overview:

Management-run 30-Year established Industrial products company! This industrial repair and service facility is one of the largest facilities of its type in the Western United States and is known for state of the art repair, testing, and service for its broad base of varied customers. As a stocking distributor for over 20 of the most sought-after related product lines, this company is well known throughout its industry specialty. Housed in approximately 35,000 square feet of office and production shop space, the business is capable of servicing, repairing, and fabricating replacement products that meet or exceed OEM quality products in its unique niche related to the industrial equipment industry. Because a limited number of comparable companies exist throughout the United States, details of the specific product offerings and services cannot be revealed until NDA documentation is received by broker.

Property Features and Assets:

The company has been continuously upgraded to move quickly to increased production. A solid infrastructure in place, both within the inside administrative offices to the shop and yard. The company’s IT capabilities has been significantly updated with networked workstations throughout the approximately 35,000 Square Feet structure, along with T1 lines, 24 phone lines, committed police and fire lines, and much more. The production area is equipped with the most advanced repair and diagnostic equipment for their repair specialty. The shop is completed outfitted with multiple lathes, CNC machines, presses, testing equipment, crane lifts and much more. Customers rely on this business to handle any repair to meet or exceed manufacturer’s specifications. On occasion, jobs come in from competitors and in some cases machine and equipment manufacturers.

Market Competition and Expansion:

While this mature company is well known within its market and beyond, the company continues to win customers with traditional outside and inside selling techniques and print media. Advertising in many Yellow Page directories throughout Southern California, the company draws customer inquiries from a wide swath of targeted industries. In addition, the Company has recently gone through a Company branding campaign directed by a professional marketing firm.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.