Forklift Parts and Electric Motor Repair

Contact Seller
Recession Proof and Highly Profitable

Business Description

East Coast forklift parts and electric motor repair company with multiple locations. The company has achieved consistent and steady growth throughout the years with current annual revenues in excess of 7M. Sales continued to grow during the last economic decline demonstrating the ability to prosper during a recession. This company has been profitable every year since it's inception making it an outstanding opportunity as a stand alone business or an add on to a company currently in the forklift or B-B arena.
PRINCIPLES ONLY REPLY

About the Business

Year Established:
1971
Number of Employees:
26
Relocatable:
Yes
Real Estate:
Owned
Facilities:
State of the art with strategic locations.
Market Outlook/
Competition:
The company's owner has designed and built the company to compete in the marketplace providing exceptional service and strong backup for product lines.
Growth & Expansion:
Servicing a list of high profile nationally known accounts the owner has not aggressively pursued available business expansion or adding new accounts. Business is postured for easy and rapid expansion within the current marketplace.
Contact the Seller

About the Sale

Reason For Selling:
Reaching retirement age
Training/Support:
Owner is willing to give any support needed to assist in a smooth transition to new ownership

Listing Info

ID:
1501493
Ad Detail Views:
1151
Asking Price:
$4,600,000

Gross Revenue:
$6,800,000
Cash Flow:
 Not Disclosed
EBITDA:
$1,100,000
Inventory:
$400,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Steven Wm. Pope

Pope & Associates, LLC

 Show Phone Number

View My Active Listings

Similar Listings


Report an Issue 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 & Conditions.
;