Plant Equipment Distributor
Location Michigan,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3314317
Net Profit / Cash Flow $735530
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 4 - 5
Inventory 85000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Owned
Training The owner is willing to stay on for an extended period up to 3 years.
Reason for Sale Retirement.
Description This one of a kind niche business was founded in 2000 and is located in the Midwestern oration of the United States. The company is one of only two distributors and authorized service providers for one of America's top commercial specialized equipment manufactures, giving it a huge competitive advantage. The owner can stay on long term after closing to facilitate a seamless transition. The equipment is used in most automotive manufacturing plant applications, as well as many other industries. In addition to new equipment, the company sells, services and remanufactures used equipment. The company also provides 24 hour a day emergency repair services. Great books and records with historic sustained earnings year after year and the business is lender pre qualified. The asking price is $2,410,000.
Detailed Information:
Facilities: The building is approximately 6,000 square feet on .624 acres of land, with 85 feet of frontage and 320 feet deep. The company rents an additional building space of approximately 1,000 square feet for compressor storage.
Competition: The company is a factory authorized Exclusive Sales & Service Distributor for a major manufacturer. There are only two distributors in the state of Michigan other than the manufacturers. There is a tremendous barrier to entry for competition.
Growth and Expansion: The business only services one small segment of the industry. Growth potential in other areas of the market remains untapped.
Call Greg at 772-263-3979 for more information, including photos, financials, equipment list, etc.
Click Here To Contact Seller
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