Company is involved in the repair of hydraulic cylinders, pumps and valves for a variety of industries, including paving, construction, rental equipment, industrial plants, crane companies, mining construction, railroad construction, wreckers, etc. Customer base is primarily in Alabama, but can be expanded to a larger foot-print with the addition of sales and service personnel. Repair and sales only, no field service.
Asking Price: $350,000
Average Annual Sales of $230,000 over the past five years. Owner's Discretionary Cash Flow exceeds $100,000 a year, averaging over 40% of Gross Sales.
RELOCATABLE within their geographic foot-print in Alabama. Not a franchise.
REASON FOR SALE: Motivated Seller is planning his exit strategy. He is available after the sale for a negotiated period of time to insure a smooth transition and stay on as an employee for two to three years.