Industrial Equipment Supplier

St. Clair County, IL

Seller Financing Available

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Sale Pending
Asking Price:$1,500,000
Gross Revenue:$1,000,000
Established Year:2000
Cash Flow:$350,000
Inventory:$50,000
BUSINESS DESCRIPTION

Excellent opportunity to own a well-established, profitable business with large growth potential! Business was founded in 2000 by the Seller who has owned and operated the business since the beginning. The company is an approved supplier to 40+ fortune 500 companies. Revenue is generated from equipment sales, equipment rentals, and certified training with focus in areas of thermal imaging, ultrasonics, vibration testing, both energized and de-energized motor testing and analysis, and infrared windows and ports. The company conducts business in many industries offering equipment for predictive and preventive maintenance programs (P/PM), process control, quality control, security and surveillance, research and development (R&D) and non-destructive testing (NDT). The company has a national presence with sales revenue of approximately ($1,000,000) one million dollars a year with an annual net income of approximately ($350,000) three hundred fifty thousand dollars.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
2
Facilities
Not applicable.
Competition
Business operates in a growing market. Competition is mainly due to overseas manufacturers.
Growth & Expansion
This is a growing industry! There is quick growth opportunity with a renewed marketing plan, improved website, adding additional product, revitalized sales strategy, and customer education.
Financing
Seller prefers cash at closing. Seller financing may be considered.
Support & Training
Seller is willing to support the buyer in transition of ownership and training.
Reason for Selling
Owner is looking to retire.
Home-Based
This business is Home-Based
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Kristy
Lavelle
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Kristy Lavelle