Hydraulic Hose and Supply SBA approved

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Business Description

Established, Profitable Coachella Valley Hose and Fittings business.
Serving farmers, golf courses, wind farm turbine powered machinery, fire hose suction for contractors, brake & power steering hoses.
Key employees have over 50 years experience with custom fittings, retail and off-site installations. Several hundred customers rely on this business due to a "service first" mentality and high performance products. Our specialist silicone hoses can be manufactured to your specification offering flexible or more rigid diameters and lengths possible up to 8 meters long.
Products are shipped all over the world. Minimal local competition.
Business joined "NAHAD" Association for Hose and accessories distribution and attended conferences.
SBA preapproved.
Leased property has over 5,000 SF, Lease transferable. Terms $3,857/mo.
Equipment and fixtures include 2 private offices with PC's, desks, Warehouse has welding and power tools, Assembly area has 3 Gates Crimpers, acetylene brazing, Brakequip crimp & test; A Nissan Pickup, forklift, mobile ladder, pallet jack and more.

About the Business

Location:
Palm Springs, California
Year Established:
2015
Number of Employees:
3 plus owner
Real Estate:
Leased
Building Sq. Ft.:
5,142
Rent:
$3,857.00 Per Month
Lease Expiration:
2/28/2021
Facilities:
Modern building located in industrial park. Easy access to I-10 Freeway.
Market Outlook/
Competition:
Great potential to increase sales.
Business has excellent goodwill.
Growth & Expansion:
Business revenue has grown from $200,000 to $800,000 in 5 years.
Projected to have over $800,000 in 2019.
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About the Sale

Reason For Selling:
Retrement
Training/Support:
Owners will train for in all aspects and sign a non-competition agreement
No experience required.

Listing Info

ID:
1639233
Ad Detail Views:
636
Asking Price:
$589,500

Gross Revenue:
$801,107
Cash Flow:
$193,500
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$166,000
included in asking price

FF&E:
$80,000
included in asking price

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Business Listed by

John Sullivan

Sullivan Business Brokers
License# 01788373

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