Air machines: Easy | Relocatable | 42 years | $59k down | $214 SDE

Seller Financing Available

42 years history with large growth opportunities

Air King of America designs and assembles air and vacuum machines and their parts for gas stations and convenient stores. In business since 1982, Air King has been offering durable, low maintenance, high-quality products and excellent support for customers. The current owner acquired the business in 2015 and grew the business with product innovations for credit card payments. The owner hasn’t done marketing or outbound sales for the business which creates great opportunity for growth. The owner is selling the business to retire.

• Products
o Combination air machines and vacuums at gas stations
o Pride in customer and technical support

• Marketing
o Current marketing is word of mouth.
o Sell to end customer and also to distributors.

• Competition
o JE Adams competes directly with Air King in the market for gas station air machines, offering a range of innovative products including vacuums and car wash equipment, while Cleaning Systems Co. (CSC) provides broader solutions encompassing car wash systems, vacuums, and eco-friendly products targeting various customer segments beyond gas stations.

• Growth opportunities
o Large customers. In 2021, the company sold 1700+ private label units to Lowe’s to provide their customers with free services. Several other large customers could be targeted for the same.
o Direct sales to distributors.
o Marketing - Google pay per click.

• Team
o Easy to operate. Only three people in the company – owner (design and purchasing), owner’s brother (sales) and an Assembler.
o Owner’s role is design and purchasing.

• Easy to relocate
o Current owner relocated to 8,000 sq. ft. office is near Chicago O’Hare airport. Includes three offices, shelving and assembly tables and machines.
o New owner needs 6,000 sq. ft.

• Risk factors
o No litigation past or present.
o Standard liability insurance, but zero claims.