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Business For Sale
ELECTRIC MOTOR PUMP COMPANY
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Asking Price: |
$325,000
USD USA Dollars
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Business for Sale Industry: |
Services: Repair, Home Improvement, Painting
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Reason for Selling:
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Retirement |
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Year Established:
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1969 |
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# of Employees:
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4 Full/1 Part |
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Yearly Revenues:
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$662,000 |
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Yearly Cash Flow:
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$154,000 |
Business for Sale Overview:
This company focuses on Sales, Service, & Repair of Electric Motors/Pumps, and was founded in 1969. A loyal staff with service of 6 to 30 years allows this company to consistently deliver high quality service and most importantly ON TIME DELIVER! This company needs a person with strong marketing, sales and a organizational skills that will return this company to its strong revenue numbers of just a few years ago that generated earnings at almost double current levels. The current owner backed off expansion gearing up for retirement leaving a great opportunity for the new owner. The FF&E is presented at FMV at $158,938 and approximate inventory $170,000 is made up of good, usable inventory. This is a great business for someone looking to venture off on their own with a great staff in place or a company looking to expand and apply their synergies. The owner is willing to stay on for 6 months to a year for a smooth transitional period.
Property Features and Assets:
7,000 sq. ft. building.
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.
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