Industrial Repair & Service (Equipment & Marine)

Not Disclosed, WA
Skagit County

Asking Price: Annual Revenue:
$450,000 $900,000

Automotive & Boats: Marine Repair, Retail, Parts & Service

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RE: Industrial Repair & Service (Equipment & Marine) Broker: Bill Southwell
Owner Financing is Available!
The seller will finance 50% of the transaction for a qualified buyer.

Quick Facts

Asking Price: $450,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $175,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 319535781
Broker Reference #: IRS2021

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Business Overview:

This company is a well established business providing mechanical repairs for the heavy equipment and marine industries. The business supports a full-service shop, an extensive parts department, and a machine & custom fabrication shop. The business is also known for its acclaimed mobile service component and their commitment to providing expedited service to customers in the field. Their repair services are available to customers on a 24/7 basis with the commitment to provide the most responsive service and turn-around time possible, knowing that for their customers, “down-time =lost opportunity”. In addition to working on all brands of hydraulic equipment, the business is also a leading source in Northwest Washington for a full line of hoses, fittings, and adapters. The business has earned its favorable reputation by providing quality work, at a fair price, while always maintaining the highest level of response time in the industry. The business services Skagit, Island, Whatcom, and Snohomish counties, along with periodic repair jobs in Alaska as well.

The company operates from a 7,000 square foot. facility. The facility is configured: 4,000 square feet of shop area on the main floor; 1,500 square feet of service counter/showroom/retail parts department on the main floor; and 1,500 square feet of office/breakroom/parts with a full bathroom on the second-floor mezzanine. The building also supports a 10-ton overhead crane with (2) 20’ electric doors and (1) 16’ electric door. The current rent for the facility is $4,500 per month, plus NNN charges. The Sellers are prepared to offer a qualified Buyer a long-term lease at current market rates. The Seller would also consider selling the business and the real estate together as a bundled package. The real estate is available at $600,000.

The business operates Monday - Friday. In addition to ownership, the business employs (4) Machinist/cylinder technicians at $19.50 - $25 per hour; (2) Counter cashiers at $17-$23 per hour; and (1) Office manager at $18 per hour. Ownership is confident that all current hourly staff will be interested in continuing on with new ownership post-sale.

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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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