Electric Motor Repair/Dist BIZ FOR SALE!
Business Description
Electric Motor Repair/Dist BIZ FOR SALE!
Established 45 plus years, Electric Motor Company for sale-distribution, water pumps, repair, new electric motors as well a restaurant equipment business (Two separate businesses which share the same space.) Business sale includes inventory, tolls and machinery, business contacts, and seller transitional period agreeable via LOI/Final contract. Perfect turn key business bringing in 1.25M in sales and seller brings home 210k plus a year. Add YOUR business to this one and watch it grow!
About the Business
- Years in Operation
- 40
- Currently Relocatable
- Yes
- Facilities & Assets
- Front 2,500 sq feet of the leased space is the restaurant equipment supply company, remainder of the 8,500 sq feet in "back" is a industrial space for the electric motor company/water pump. High ceilings, industrial show room, workshop, front desk, consultations, pick up, drop off, parking for deliveries and staff.
- Market Outlook / Competition
- Take YOUR business and add this business and watch it double in revenue.
- Opportunities for Growth
- market to this niche craft and become one of the only businesses who specialized in this trade. The current owner draws $210,000 a year in salary and has lived off this business for his entire career.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,500
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Retirement/Transfer of property-ask listing agent for more details.
- Transition Support
- One out of three employees has been an employee for 25 years plus. Between the repair employee, and the seller, as well as bookeeper/MGR-all three will stay on and transition new owner and the repair employee will stay on indefinitely.
- Financing Options
- NO Seller financing-must be able to transfer to new location and find lease.
Listing Info
- ID
- 2421374
- Listing Views
Listing ID: 2421374 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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