Power Motion & Industrial Supply
| Asking Price: | $3,000,000 | Inventory: | $160,000 ++ |
| Gross Revenue: | $3,500,000 | Real Estate: | n/a |
| Cash Flow: | $500,000 | FF&E: | $400,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Founded in 1977, this business provides sales and service for local industry. 60% of sales are due to power transmissions, gear boxes, sprockets, chains and bearings. 10% of revenue is from air products, cylinders, valves, fittings and tubing. 20% of revenue is from the sale of industrial supplies, such as drills, taps, sand paper and cut off wheels and the remaining 10% is due to hydraulics. With a regular customer base of 200 and 95% are from repeat business, this is a very stable company with a good name and reputation and diverse product line that prides itself on its excellent customer service and could be operated as either “hands-on” or absentee. Located in beautiful Yakima, WA, the county’s population is over 200,000 and the area is about 165 miles from Seattle with a local economy based primarily on agriculture.
About the Business
Year Established:1977
Relocatable:Yes
Facilities:One leased building with 10,000 total square footage on 1 level and in good condition. This business could be relocated if preferred, but it is in an excellent location on downtown city street in a fairly high-trafficked area with good visibility.
Market Outlook and Competition:Growth and expansion could be obtained by expanding the territory and product line. There is great potential for expansion. There is some local competition.
About the Sale
Management Training and Support:The current owner is happy to stay on through a reasonable transition period to acclimate the new owner to the business, employees and clientele.
Reason For Selling:The current owner has other interests after owning this business for many years.
KEYWORDS: power transmissions, gear boxes, sprockets, chains bearings, hudraulics drills, taps industrial supplies
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