Motor & Generator Manufacturing, Sales, and Service below asset value!
Asking Price: | $700,000 |
Gross Revenue: | $925,000 |
FF&E: | $500,000 |
Established Year: | 1980 |
Cash Flow: | $105,000 |
Inventory: | $500,000 |
Real Estate: | $700,000 |
Great acquisition opportunity for a firm in the industrial sales, manufacturing, or rental industry. This company has a large body of regular customers and 4 decades of service. The company does generator and motor repair and sales, electrical work and manufacturing. Owner ready to retire due to age and health. Company is profitable and significant growth since Covid, but still only a fraction or the past sales and potential. They can service large oil and gas equipment. In the past they did offshore work and someone with that experience and insurance could add that back. Seller now concentrates only on on-shore, commercial, rental, and residential. Repairs and sales include motors, starters, generators for both home and large industrial applications. Large building with many cranes includes lots of equipment such as press brakes, blasting, winding, dipping, baking ovens, welding, metal munchers, etc. Large inventory of around $500k and equipment value of $500k included in the great price! Cash flow assumes rent but building of 23000 sq ft with 9 cranes i on 2.2 acres is available for only $700,000! Serious and capable buyers only. Contact with NDA for brochure, photos, additional information.