Automation and Controls Manufacturer

Sale Pending

Asking Price:	$3,700,000
Gross Revenue:	$7,400,000
EBITDA:	$815,833

Cash Flow:	$881,000
Rent:	$5,984/Month
Established Year:	1990

Listing ID: 2283944Listing provided by BizBuySell

BUSINESS DESCRIPTION

Leading Distributor and Manufacturer of Parts for the Oil and Gas Industry

Three decades of dedication and strategic growth earned the business 250 loyal clients across North America, with a reach extending to global markets as well. Key relationships with 10 OEM manufacturers and a broad product line, including pneumatic and electric level switches, pressure controls, and magnetic level indicators, make it a central player in its sector.

In 2011, the business acquired its first distribution product, marking its entry into light manufacturing. Further growth was fueled in 2020 when the company implemented more rigorous operational processes such as enhanced inventory tracking through QuickBooks, detailed weekly reports on margins and receivables, and regular team meetings—all of which have streamlined operations and improved financial performance. The focus on accountability and transparency has fostered a culture where every employee is informed and aligned with the company's goals, making it more competitive in the market.

As of 2023, the company’s revenues have exceeded pre-COVID levels, reaching $7.4M (up by 28% over the previous year). With strong, established processes, a highly capable team, and a well-regarded reputation for quality and service, this business is primed for continued success into the future under new leadership.

For more information, including full financials, a video Q&A with the owner, SWOT analysis and more, please visit the Business Webpage below to sign an electronic NDA and unlock the private details.

DETAILED INFORMATION

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

6,800

Lease Expiration

01/11/2025

Employees

Facilities

The business operates out of a 6,800 sq. ft. warehouse located in a business park. The monthly lease is $5,984 and the agreement is valid until November 2025. The current lease agreement can be assigned/transferred to a new buyer to ensure continuity of operations. Buyers and sellers typically split any lease transfer fee costs 50/50, which should be factored into the overall transaction.

Competition

While the company faces competitors on both the manufacturing and distribution sides, the company’s customer-centric approach stands out as a primary strength. Their emphasis on timely, transparent communication, starting from the moment an inquiry is received, has set a high standard for customer service and earned them a reputation for reliability. Moreover, the staff prioritizes transparency with customers regarding delays caused by external factors, which has further built trust and strengthened customer relationships.

Growth & Expansion

Opportunities for growth include reducing delivery times by carrying a higher volume of inventory, expanding the sales team, investing in marketing (at tradeshows), and improving the digital presence of the company's in-house brand to enhance market reach. These initiatives collectively present a clear path for scaling revenue in the coming years.

Support & Training

The owner is committed to ensuring a smooth transition for a buyer, pledging to stay on for at least six months to assist with the transfer of knowledge, especially regarding the company's manufactured products, which he has worked with for over 25 years. The owner has also offered to help with customer support in the field after training is completed.

Reason for Selling

Owner is pursuing retirement and family time.

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