Description This company, and more specifically its expert team of trained technicians, specializes in electric motors. They offer sales, installation, rewinds and repairs of electrical motors as well as sales and repair of various generators. Their services don't stop there because the company also has a foot in the door of the oil industry in the area. They offer oil rig repairs, oil field equipment installation and drilling rig wiring. All these services make this establishment a popular stop in the area. For years it has seen customers through their motor troubles while providing a reliable place to find good service and quality products!
The business is easily operated in an absentee or hands-on fashion giving the owner the freedom of a flexible schedule and as much management as is needed. The owner is selling in order to retire and hopes to find an enthusiastic individual to take over the business and bring it to a new level. What started as a small shop in 1991 has developed into a thriving business with a reliable reputation and client following. With the recent major oil find in the area demands will only increase in the near future, promising a new influx of repairs and sales. There are many products and services this business offers that account for their total revenues. The sale of electric motor engines and generators as well as motor rewinds and repairs makes up 20% of revenues. Generator sales accounts for 25%, while outside services account for 35%. The remaining 30% comes from oil rig wiring and services. A new owner should find a smooth transition with this business and a worthwhile investment not only for the near future but also in the long run. For more details on this listing please contact our offices today.
Two buildings totaling 4000 sq ft on 1.5 acres are included in the facilities, both recently constructed and in good condition. The property valued at $150,000 is owned with option to buy. Could be relocated within the region. Asking $650,000