Mechanical Engineering - Air, Heat & Water
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $430746
Net Profit / Cash Flow $72231
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 1 - 3
Inventory 2500
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training
Reason for Sale Second Retirement
Description This eleven year old, reputable company is located in the Metro Charlotte Area. The company specializes in the designing of water filtration, air control and heat recovery systems. The owner contracts out the building of the systems to local contractors and uses contractors in each region around the country for the installations. The customer base includes over 200 well established companies.
The owner started this company after retiring from the corporate world. Prior to the economic downturn, this was a million dollar company. Now, in his late seventies, the owner downsized to work part time without any salespeople. This business offers an unique market niche for a mechanical engineer.
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