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Industrial Equipment Reconditioning & Distribution For Sale - Los Angeles, California
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Profile: Industrial Equipment Reconditioning & Distribution, In Los Angeles!
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1,200,000 |
| Down Payment: |
$850,000 |
| Annual Revenue: |
$2,057,000 |
| Annual Adjusted Net: |
$480,200 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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This 35-Year Old, High Profit Company Purchases Used Electromechanical And Hydraulic Industrial Equipment, Reconditions Them, And Then Markets Them To 100,000+ Outlets In The U.S. A New California EPA Requirement Has Significantly Increased Demand For The Companys Product. Limited Competition Helps The Company Achieve High Margins. Minimal Accounts Receivable As Most Sales Are Paid In Advance. Inventory Is Professionally Categorized And Is Meticulously Organized. Very Efficient Fabrication And Assembly Operation Due To Experienced Employees Who Have Worked For The Company For Years. The Company Has A Shop For Fabricating Difficult To Source Components. Real Estate (Building And Land) Also Available For Sale At Fair-Market-Value Of 2.2M.
The Ideal Buyer Would Be A Strong General Manager With Sales/Marketing Skills And The Energy And Work-Ethic To Double Sales Volume In 24 Months.
General Information
Year Established: 1972
Employees: 7 Full-Time Employees At A Total Monthly Compensation Of 25,100
Facilities: 7,000 Square Foot Facility On An Acre Of Land. Owner Will Write A Triple-Net Lease Starting At A Monthly Cost Of 12,500, With Renewal Options. Or, The Building And Land Is Available For Purchase At Fair-Market-Value.
Price Includes: Tenant Improvements And Furniture, Fixtures And Equipment. Inventory Of 550,000 Not Included In The Asking Price.
Support/Training: Seller Will Provide Training.
Reason Selling: Retirement
Asking Price: 1,200,000
Gross Revenues: 2,057,000
Seller?s Discretionary Earnings: 480,200.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
D. Joe Atchison, CBI, Broker at 951-277-4002 |
Business For Sale Photos
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| 2008-07-04 |
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