Established Electric Motor Sales & Service Company

Not Disclosed, MI
Kent County

Asking Price: Annual Revenue:
$700,000 $1,495,000

Manufacturing: Machinery

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RE: Established Electric Motor Sales & Service Company Broker: Seller of Business
Owner Financing is Available!
Limited seller-financing is available for qualified buyers.

Quick Facts

Asking Price: $700,000
Annual Revenue: $1,495,000
Net Profit: Not Disclosed
Cash Flow: $201,160
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1929
Employees: 9
BBN Listing #: 939345079
Broker Reference #: 613

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Business Overview:

Great opportunity to purchase a full-service electric motor sales and repair company. In business for almost a century, the Company is profitable and highly regarded.
The Company sells and repairs electric motors, gearboxes, and pumps for a diverse and loyal customer base. The Company provides on-site service for customers who need assistance in the installation, alignment or troubleshooting of electric motors.
Expansion opportunities abound with the Industrial Internet of Things, preventative maintenance services, and expanding distribution capabilities. The Company’s skilled employees are highly experienced with virtually all varieties of electric motors on the market.
Ownership is seeking to sell in order to pursue other business opportunities.
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Property Features and Assets:

The Company leases a 9,000 square feet facility that includes a full machine shop.

Market Competition and Expansion:

Investment Highlights Include: (1) Well-Established Business with Experienced Employees (2) Recession-Proof (3) Ability to Solve Customer Needs (4) Diversified and “Sticky” Customer Base (5) Solid mix of new sales and repair work Growth and Expansion Pros and Cons: (1) Industrial Internet of Things: The Company could sell and install monitoring devices on industrial equipment, meeting customer demands for more efficient and current technology. (2) Expansion of Preventative Maintenance Services: The Company could offer its clients additional routine services to their equipment to keep everything up and running, extending the lifespans of their machinery for maximum usage. (3) Focus on Sale of Variable Frequency Drives: The Company could more actively market and sell this type of adjustable-speed drive used in electro-mechanical drive systems. (4) Further Distribution of Replacement Parts: An excellent growth opportunity for the Company would be increasing the distribution of “next aisle over” maintenance items - such as bearings, belts, pullies and other mechanical transmission products.

Reason for Selling:

Other business opportunities.

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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