Industrial Motion Control Distributor

Broward County, FL
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Sale Pending
Asking Price:$1,895,000
Gross Revenue:$2,682,722
FF&E:$45,000
Cash Flow:$545,047
Inventory:$75,000
Established Year:1997
BUSINESS DESCRIPTION

After 27 successful years selling parts and components and fabricating industrial motion control systems, the principal owner is ready to hand this growing business to a new owner.

Key employees include a mechanical engineer, technical sales VP, and admin who plan to remain with the company.

Distributes for many of the well-known world-class component and equipment vendors, offering Mechanical Power Transmission components, Electrical Motor Controls, high-end Motion Control Products and Solutions.

Capabilities include Systems Integration; Custom Design/Build Fabrication of Motion Control Systems; Machine Field Service, Design & Consultation; PLC Programming; AutoCAD Drawings & Electrical Schematics.

Servicing North America, Central America, South America, Caribbean. Clients include marine (cruise lines and yachting), food processing, manufacturing (metal, paper, plastics), and export (approx 30%). Seller will stay for extended period subject to compensation package.

Inventory includes high-turnover items; most goods drop-shipped directly by the suppliers. Not included: discontinued and hard-to-find parts sold on Ebay, seller prefers to sell those off as a non-compete side business post-closing.

2023 revenues grew 21% and earnings grew 19% over 2022 - 2024 on track to exceed 2023. Primed for the next owner to take this platform to another level!

**Pre-approved for SBA financing at preferred rate and terms - ask for Lender's pre-approval letter for details.**


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease/Month: $7657. Square Footage: 4,116. Building Type: Warehouse/office. Expiration Date: 10/1/2025
Competition
Current demand for the Company’s services is at an all-time high. With customer demand so strong in the Florida and international markets, the Company has been able to leverage its stellar service reputation, technical expertise and unique fabrication specialty to focus on the most profitable clients.
Growth & Expansion
The global motion control market size is projected to reach $20 Billion by 2027, at a CAGR of 5.2% during the forecast period. Growing demand in manufacturing processes and ease of use and integration of components within motion control systems are a few of the primary factors driving the market growth. Moreover, adoption of Industry 4.0 by manufacturing firms is one of the opportunities for the growth of the motion control industry.
Financing
SBA Loan Amt: $1,791,000. Down Pmt: $202,000. Mos: 120. Rate: 10.25%. Mo Pmt: $23,917
Support & Training
Seller offering 4 weeks at no cost; extended period subject to compensation package.
Reason for Selling
Retirement
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Steve
Fenton
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Steve Fenton