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Small Manufacturing & Distributor Of Niche Industrial Equipment
Location California,United States
Asking Price Range < $250K
Gross Revenues $100000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1970
Number of Employees 1 - 3
Inventory 79000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Will provide training in critical aspects of business.
Reason for Sale Retirement.
Description I am the owner of a business that has been in operation in Los Angeles/Long Beach area for over 40 years. This business manufactures and services industrial electrical manufacturing equipment and controls. We also refurbish, repair, and sell parts for this equipment. This is very profitable. This is a mature industry and the customer base is readily identifiable. I have built up over 1,300 different customers. I have sold these products all across the US, to many foreign countries, municipalities, and the US Government. To operate this business successfully you should have some hands on operational experience with industrial electrical and electronic equipment, as well as a good mechanical aptitude. Additionally, some electrical welding knowledge would be helpful. This business can be run easily by one or two people. I have made a decent living with this business for over 20 years. Gross annual sales have ranged from $100,000 to $1,000,000, and I have employed up to 9 full and part time employees. You will need to have available cash of $150,000 to $200,000, and be willing to fill out a buyer data sheet, and a sign a confidentially agreement. What I am selling: Inventory, Tools and Equipment, Furniture and Fixtures, Service Vehicles, Forklifts, Customer List, Vendor List, Engineering and Service Data, and Company Name. The total price of the business is $181,000 with $125,000 down. I will help to train a qualified buyer on critical aspects of the business. I am willing to participate in the financing of the sale, and will not compete with a new buyer. I want you to succeed, and will do what I can to help you. If you meet the qualifications above and desire to own and operate your own successful business, email or call Rob at 562-452-6567 to see if we are a match and for more information on this Manufacturing business for sale.
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