60 Yr Old Machinery Distributor

Business Overview:

Looking for a recession resistant business? This is for you! This firm sells durable goods machinery and will never be outsourced overseas or taken over by AI. This recession resistant business has very stable revenues at $1 million and the company provides ongoing parts and service for the equipment it sells.

Its primary customers are facilities that house and service people. Anywhere there are lots of people, you will find this company's equipment. All the equipment that has been placed over the last 60 years has a prominent sticker on it highlighting the company to call for parts and service. Locations such as hospitals, nursing homes, fitness centers, assisted living facilities, schools, country clubs, fire and police departments, correctional facilities, hotels and motels, apartment buildings, etc. all have this equipment onsite (with that golden sticker highlighting where to call when service / maintenance is required).

Much of the business today is repeat business and/or referrals from existing clients and the business enjoys a large following of loyal customers. This is not a labor-intensive business, and it currently employs three people (including owner).

The owner is 2nd generation and is now ready to retire. We are seeking a successor owner with some mechanical ability and understanding that is looking to acquire an existing business with consistent revenue and profit, an excellent reputation and a strong amount of recurring revenue.

CALL NOW - this one has never been available before and smart money will lock this up quickly.

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Property Features and Assets:

There is no real property included in this opportunity. The existing facility is available “as is” on a long-term lease basis. Lease amount is $5,778 per month (which is the current rate). Please note that the building draws the majority of its electrical power via roof-top solar panels and utility expense is exceptionally low.

Market Competition and Expansion:

60 year rock solid reputation distributing the best equipment in the industry. Revenues could be expanded by employing a commissioned sales representative.

Reason for Selling:

Retirement

Additional Details:

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