Business Overview:
For 60+ years this business has been offering business to business services to a contracted customer base. The business has consistent and strong revenues year over year with a strong loyal customer base across New England who are serviced by a skilled team of technicians. The business operates in the space of providing sales, leasing and service of precision tools for businesses in very diverse industries from nursing homes and laboratories to commercial distribution and research. The owner is responsible for the daily management activities of the business including sales and account management, and high level management activities. The owner has reached a point in his career in which he is looking to retire to spend more time with family.
This is an asset purchase transaction with inventory included. Vehicles are excluded from selling price and will be priced at market value based on mileage and condition. The property is also available and being offered for $1,150,000.
New industry requirements have expanded the market size. Additionally, opportunities for additional complementary services would allow for increasing the value of the current customer base. Two loading docks and 5,500 square feet with 12' ceilings offers excellent storage space and room to grow the business. The stand-alone building is occupied by this sole business but could be subdivided to offer rental income potential.
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Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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