Profile: Management-Run 30-Year Established Industrial Products Co.
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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: |
$2,500,000 |
| Down Payment: |
$2,500,000 |
| Annual Revenue: |
$4,609,636 |
| Annual Adjusted Net: |
$536,135 |
| Price Range: |
Over $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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Executive Summary
Management-Run 30-Year Established Industrial Products Company! This Industrial Repair And Service Facility Is One Of The Largest Facilities Of Its Type In The Western United States And Is Known For State Of The Art Repair, Testing, And Service For Its Broad Base Of Varied Customers. As A Stocking Distributor For Over 20 Of The Most Sought-After Related Product Lines, This Company Is Well Known Throughout Its Industry Specialty. Housed In Approximately 35,000 Square Feet Of Office And Production Shop Space, The Business Is Capable Of Servicing, Repairing, And Fabricating Replacement Products That Meet Or Exceed OEM Quality Products In Its Unique Niche Related To The Industrial Equipment Industry. Because A Limited Number Of Comparable Companies Exist Throughout The United States, Details Of The Specific Product Offerings And Services Cannot Be Revealed Until N D A Documentation Is Received By Broker.
Products:
The Business Specializes In Product Repairs Related To Industrial Machinery And Heavy Equipment. The Business Is Recognized For Its Ability To Service Products Not Easily Repaired Due To Excessive Size, Technical Requirements, Or Availability Of Replacement Parts. Throughout The 30-Year History Of This Top-Notch Company, Its Capabilities Have Been Continuously Expanded Through Developing And Acquiring Advanced Testing Equipment, Specialized Repair Machinery And Through Continuous Investment Into The Physical Plant. In Addition To Repair And Service, The Company Operates A Fully Stocked Parts Department For Its Many Walk-In Clients. Providing Customers Access To Hard To Find Replacement Parts Has Made The Company A Destination Location For Repair Technicians Within This Industrial Specialty.
Marketing Summary:
While This Mature Company Is Well Known Within Its Market And Beyond, It Continues To Win Customers With Traditional Outside And Inside Selling Techniques And Print Media. Advertising In Many Yellow Page Directories Throughout Southern California, The Company Draws Customer Inquiries From A Wide Swath Of Targeted Industries. In Addition, The Company Has Recently Gone Through A Company Branding Campaign Directed By A Professional Marketing Firm.
Company Strengths:
The Jewel Of This Business Is The Highly Organized And Reliable Staff Of Managers And Employees. The Business Has Multiple Departments That Focus On Various Specialized Offerings Within The Company’s Wide Breadth Of Products And Services. Customers Have Come To Rely On The Exceptional Product Knowledge And Reliable Service This Company Provides. Competing In A Niche Industry, The Business Enjoys Respectable Margins From The Wide Array Of Both Off The Shelf Items To Custom-Made Products. The Business Functions In A Mature Market Segment Without Substantial Changes In Technology In Many Years. It Is Unlikely That There Will Be Any Significant Changes In This Industrial Niche For Many Years To Come.
Hours & Staffing:
The Company Is Open During The Week During Regular Business Hours. During Times Of Increased Requirements, The Production Staff Works Additional Hours To Meet Customer Service Goals. In All, A Total Of 32 Full Time Employees Are On Payroll. The Owner Works Approximately 10 Hour Per Week And Is Not Involved In The Day-To-Day Operations. The Company Is Broken Down Into Multiple Divisions, Each With A Manager And Support Staff.
Area & Facilities:
The Company Has Been Continuously Upgraded To Move Quickly To Increased Production. A Solid Infrastructure In Place, Both Within The Inside Administrative Offices To The Shop And Yard. The Company’s It Capabilities Has Been Significantly Updated With Networked Workstations Throughout The Approximately 35,000 SF Structure, Along With T1 Lines, 24 Phone Lines, Committed Police And Fire Lines, And Much More. The Production Area Is Equipped With The Most Advanced Repair And Diagnostic Equipment For Their Repair Specialty. The Shop Is Completed Outfitted With Multiple Lathes, CNC Machines, Presses, Testing Equipment, Crane Lifts And Much More. Customers Rely On This Business To Handle Any Repair To Meet Or Exceed Manufacturer’s Specifications. On Occasion, Jobs Come In From Competitors And In Some Cases Machine And Equipment Manufacturers.
Company History:
The Company Was Founded In The Late 1970’s In A Small Warehouse Not Far From Its Current Location. While The Business Grew Through The Years, Management Fully Equipped The Shop With Some Of The Most Technically Advanced Manufacturing And Testing, Repair, And Servicing Equipment. The Company Has Since Grown Into The Largest Firms Of Its Type On The West Coast And Is Recognized As One Of The Most Capable Repair Shops In The U.S. Western Region.
Financial Summary:
To Be Provided With Signed Nda.
Additional Information:
While An Excellent Acquisition Opportunity For The Independent Buyer, This Company Would Also Make An Excellent Addition Or Compliment To Any Company Involved In The Industrial Equipment Industry. While Growing Throughout The Years, The Business Has Truly Become One Of Southern California’s Premier Sources For Quality Repair, Service, And Reconstruction For Some Of The Critical Machinery That Drives Earnings And Profits For Many Of Their Business Partners. While Not Considered A Highly Technical Specialty, Success In This Industry Takes A Considerable Commitment To Employees, Machinery, And Has Considerable Barriers To Entry.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Don Dispaltro, Broker at 858-391-3388 Non Disclosure Agreement |
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