Under Contract - Hydraulics and Pump Service Business
Business Description
This organization primarily operates in the Hydraulic Equipment Repair business / industry within the Miscellaneous Repair Services sector. This organization primarily operates in the underground mining and construction service sector. Keying primarily on Hydraulic cylinder, pump, gear case and major component repair and sales. This organization has been operating for over 30 years. This organization is engaged in major equipment component repair, sales, and machining at this fully equipped facility. Included in this offering and located in the same facility is an industrial pump repair and sales/service company. The pump company was acquired in 2017. The location has easy access to the highway and is in an industrial section. Currently, business development, management and oversight are performed by the seller. The Foreman and Office Manager handle most daily tasks. The impressive fully equipped machine shop can handle most hydraulic and pump refurbishing tasks. They primarily serve heavy industrial companies including mining, construction, and oil & gas. Annual revenues were $3.1M for 2024. Seller Discretionary Earnings, (SDE) for 2024 was $742k. The sale includes two trucks that are utilized in the business. The facility has approximately 12,000 Gross Sq. Ft. plus outside storage areas. This is an opportunity to own a well-established business, with a strong customer list in the industrial sector.
About the Business
- Years in Operation
- 31
- Number of Employees
- 6
- Facilities & Assets
- Lease Terms Options: 5 YR Option to renew
Facilities: Industrial Workshop on approximately 3 acres.
FF&E Overview: Equipment and machine tools. Office furniture and fixtures. Trucks.
FF&E General Condition: Good working condition. - Market Outlook / Competition
- Provides services that are getting harder to locate in the US.
- Opportunities for Growth
- Excellent potential growth into current and new industries.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 12,000
- Rent
- Not Disclosed
- Lease Expiration
- 12/31/2028
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Number of Weeks Seller Will Offer Training: 2
Listing Info
- ID
- 2202962
- Listing Views
- 4395
Listing ID: 2202962 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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