Motor & Generator Manufacturing, Sales, and Service below asset value!

Lafayette County, LA
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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
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Lafayette County, LA
Inventory
Included in asking price
Real Estate
Owned
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Building is over 25,000 sq ft and for sale at only $700,000 but seller rent is deducted for cash flow shown. 2.2 acres of land with fully fenced concrete yard. 10 cranes up to 10 ton bridge. Building value is $900,000!
Competition
Very good market. Limited competition in particullary generator and motor repair and some of what there is we feel won't be around long. No other firm in South Louisiana has the expertise, equipment, and experience.
Growth & Expansion
Home generator sales is growing. A buyer with offshore work could easily expand there as this company dropped that due to insurance costs being prohibitive for the size company. They do no marketing, so could expand that . Any firm doing any industiral repairs and maintenance or in the rental industry could take advantage of the customer base and large facility and equipment to expand. Company works all over Louisiana but primarily in Lafayette, Lake Charles, Baton Rouge, New Iberia, and New Orleans.
Support & Training
Will transition.
Reason for Selling
Age and health of owner
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David
Kellenberger
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David Kellenberger