Business for Sale Overview:
Financials
Asking: $2,999,000
Gross: $3,511,000.
Cash Flow: $800,000.
Summary Description:
20 year old, well respected wholesale distributor and service of commercial and industrial pumps (80% of sales) & manufacture of irrigation booster pumps (20% sales). This business is an ideal merger and acquisition target for a related player in the industry or the perfect business to grow for a sales oriented business buyer with a background in the industry.
General Information:
Year Established: 1987.
Employees: 8.
Facilities: 3,000 plus square feet facility with offices, warehouse, repair center, and manufacturing facility located in proximity to major transportation arteries.
Market Outlook:
Competition: Established over twenty years. No outside sales force is currently utilized.
Growth and Expansion: This is really two businesses in one-sales and service center for industrial and commercial pumps & manufacturing of irrigation booster pump systems. Pump and service business is a steady sales producer and the booster pump systems enjoys added margins. Neither has a dedicated sales presence; the addition of which would grow sales and profits exponentially.
About the Sale:
Financing: SBA Financing available.
Support/Training: Buyer and seller to enter into an agreement for up to a three year transition if necessary.
Reason Selling: Retirement.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.
Resources: