30 Year Old Equipment Distribution Business

Kansas
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Asking Price:$1,675,000
Gross Revenue:$2,274,087
Rent:$5,000/Month
Established Year:1993
Cash Flow:$480,768
Inventory:$500,000
FF&E:$120,000
BUSINESS DESCRIPTION

This 30+ year old company services and sells equipment to multiple industries including automotive, individuals, farmers, Co-ops, municipalities, industrial, manufacturing and machinery businesses to name a few. If the facility has an air compressor, maintains and/or repairs their own equipment they are a potential customer for this well established company.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,400
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The main facility is approximately 4400 sq. ft. of Prime visibility from both directions on a high traffic busy road with easy access for walk in customers. Most customers do NOT visit the store front as this business provides installations, repair services, etc at the customer's location.
Competition
The outstanding reputation has slowed many competitors from gaining any meaningful market share in close proximity. Quality products and well-established relationships with its customers who have purchased products for years has created a solid foundation for the business to be taken to the next level. Most any business who maintains their own equipment is a candidate to purchase equipment and use their services from this 30+ year old business. The typical work backlog is around six weeks, this represents approximately 75-100 jobs waiting.
Growth & Expansion
Future demand should be strong due to the diverse customer base. Future, repeat business is virtually assured due to consumers keeping their cars longer and putting more miles on them. Businesses are also using their equipment longer which produces the need for additional maintenance and/or repairs or the need for more repair equipment! Much of the equipment sold over the many years in business is aging and is in need of continued maintenance or replacement. With more than 6000 customers in its data base, there is much opportunity waiting to be seized.
Financing
May be negotiable
Support & Training
The Seller is willing to stay for an extended period of time if needed / requested by the new owner. Per the owner, he can go make sales calls for a week and add an additional month of future work.
Reason for Selling
Retirement
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Brent
Bressler
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Brent Bressler