Natural Resource Equipment Engineering & Sales

Not Disclosed, WA


Asking Price: Annual Revenue:
$1,200,000 $3,500,000

Wholesale/Distribution: Durable Goods


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RE: Natural Resource Equipment Engineering & Sales Broker: Hernan Tabares
Owner Financing is Available!
The seller will finance a portion of the sale for a qualified buyer.

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $3,500,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 157335781
Broker Reference #: PEI2020

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Business Overview:

This business has been providing engineering solutions, services, and products primarily to the oil & gas, and petrochemical industries as a preferred supplier for many years. In addition, it has successfully completed significant projects for clients with companies in the food processing, marine, and manufacturing sectors. The company based on a solid reputation, knowledge, consistent principles, problem solving strategies, and superior customer service has become an attractive sales representative for many different product manufacturers effectively selling engineering-oriented products to their customer base including product integration, solution design, and system installation.

The knowledgeable, experienced staff consists of a total of nine full-time employees and several other experienced engineers who work on an as-needed basis and ownership. The owner fills an executive & sales management role providing leadership & organizational direction to a quality, well trained, and knowledgeable experienced team. The company’s specialty is complex solutions that require sophisticated, engineered design and multi-year projects. The sale includes a library of prior solutions and designs that can be used as a foundation of knowledge for addressing future projects. Many current projects are addressed with variations of previously employed solutions or involve extension or modifications of prior customer engagements.

One intangible asset of the company is the unique industry specific solutions that have the ability to be sold to customers operating similar businesses and facilities in the same industry, especially in the natural resource space, that have global market and standardized component part potential. All these designs are included in the sale with a variable price component potentially being a way to monetize this value. The market potential of some of the designs could exceed the potential of the company in terms of revenue & profit. Current ownership lacks the ability to execute on this opportunity. In addition, due to the nature of the business and the type of solutions implemented with very specialized products, the information provided from those solutions could open new opportunities of services that could include Artificial Intelligence (AI) and The Internet Of Things (IOT).

The business operates from a convenient and highway accessible location. The location, one-acre in total, includes a house converted into an office space of 2,700 square feet, a three-car garage used as storage, a shop space with 1,500 square feet and plenty of surface parking. The same party that owns the business owns the property. The property owner is willing to provide either a long-term lease or sell the property simultaneously with the business.

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Reason for Selling:

Retirement

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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