Smooth Running Business-Established Customer Base

Not Disclosed, MD

Asking Price: Annual Revenue:
$566,000 $582,418

Manufacturing: Machinery

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RE: Smooth Running Business-Established Customer Base Broker: Fred Walker

Quick Facts

Asking Price: $566,000
Annual Revenue: $582,418
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: $236,000
Year Established: 1993
Employees: 3
BBN Listing #: 54004955
Broker Reference #: 2001-16777

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Business Overview:

The business specializes in the repair, service and sales of AC/DC electric motors, pumps, and air compressors in Maryland, Pennsylvania, West Virginia, and Virginia.

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Property Features and Assets:

7,400 square feet industrial facility with considerable room for expansion. The location is next to a main highway that has high visibility and that serves western Maryland. Assets = $566,000

Market Competition and Expansion:

Minimal competition in the area. Due to serious health problems the owner since 2017 to his recent passing was ineffective in managing the business. In 2017 gross revenue was just over $1,000,000 and to date has dropped 50%. Over 60% of the revenue is from long term commercial customers. This customer base can be expanded with attention to sales or adding a sales person to staff.

Reason for Selling:

The owner passed away.

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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