Surplus Natural Gas Equipment Sales
Location Texas,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1664000
Net Profit / Cash Flow $455000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1983
Number of Employees 6 - 9
Inventory 4200000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Description This business is incredibly profitable and has no debt. It buys and sells surplus natural gas plant equipment throughout North America. The business owns the majority of the equipment that it sells, but occasionally brokers equipment for others. It has an excellent customer base with a high number of repeat customers. The business has a reputation for outstanding customer service if it doesn't have the equipment customers want, it quickly finds it for them. During the past three years, the company has been building inventory and has seen more than 100 percent growth in profits each year.
The business is located in a 600-sq-ft office on an 11-acre all-weather equipment yard. Four of the acres are covered in asphalt. The property is fenced on three sides and has three-phase power. The property is easily accessible and is a half-mile from a major highway. It is just outside the limits of a beautiful city with a four-year university and plenty of recreational opportunities. It is a short drive from the Dallas/Ft. Worth Metroplex.
The owner and the company's vice president, who is in charge of sales, would be willing to stay on after the business sale as long as necessary to help facilitate a smooth transition. The owner also might be willing to evaluate equipment for sale nationally for the company.
Established: 1983.
Employees: 5 fulltime, 1 part-time.
Facilities: The facility is to be included in the sale.
Reason for selling: The owner is semi-retiring.
Contact for more information on this Natural Gas Equipment business for sale.
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