Electric Motor Repair
Location Connecticut,United States
Asking Price Range < $250K
Gross Revenues $294438
Net Profit / Cash Flow $145049
Cash Flow Type EBITDA
Seller Finance No
Year Established 1951
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training It is negotiable as to how long the current own...
Reason for Sale The Owner wishes to pursue other interests.
Description This owner-operated business was established in1951 and specializes in electric motors repairs as well as sales of motors, controls, pulleys, belts, and couplings. The business also provides services such as, but not limited to equipment modification, power distribution maintenance, motor rewinds, AC/DC controls and equipment, laser alignment, control system design and application support. Servicing the industry since 1951, the company has been operating with extensive name recognition and is well recognized in the local and surrounding communities for their excellent service and quality work. This business has a loyal customer base and is recognized for establishing customer relationships (repeated customer account for 90%of revenue). New products account for 55% of revenue and the remaining 45% accounts for repairs and service of products.
The company serves a wide range of business with-in a fifty-mile radius, such as but not limited to, industrial commercial, HVAC and pumps. The business has a proven track record resulting in rapid and continued profitable growth for over fifty years. Contact for more information on this Electric Motor Repair business for sale.
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