Electrical Equipment Sales & Service, Export

Not Disclosed, Nova Scotia

Asking Price: Annual Revenue:
$1,299,000 $1,883,166

Manufacturing: Machinery

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RE: Electrical Equipment Sales & Service, Export Broker: Mark Pothier

Quick Facts

Asking Price: $1,299,000
Annual Revenue: $1,883,166
Net Profit: Not Disclosed
Cash Flow: $252,444
Total Debt: Not Disclosed
FF&E: $241,090
Real Estate: Not Disclosed
Year Established: 1985
Employees: 3
BBN Listing #: 30824955
Broker Reference #: 9201-15310

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Business Overview:

A full-service electric motor repair, rewind and re-manufacturing company located in Atlantic Canada. The company services most electrical equipment, including specialized units manufactured in Europe and Asia and has a large customer base throughout Atlantic Canada. As well the company has also developed a large international export business.

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Property Features and Assets:

The company operates out of its own warehouse facility strategically located near a 100 series highway. Assets=$1,129,243.

Market Competition and Expansion:

For electric motor repair and service primarily word of mouth over many years of service, the company website, and a simple listing in the yellow pages. For International business it was originally through trade shows. Today, as the company is well known in the area it serves it is largely marketed through the local liaison office who carry on product sales. There are only a handful of competitors on the electric motor side. With International sales the owner has exclusive rights to distribute to certain countries. On the domestic side the company is projecting to increase sales by 15-20% over the previous year. For International sales, the company expects to maintain the same level of sales as the previous year.

Reason for Selling:

The owner is nearing retirement age.

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.

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