Industrial Electric Motor Service Repairs,Rewinding and Sales

Asking Price$2,355,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,250,000

Inventory$500,000
Included in asking price
FF&ENot Disclosed

Real Estate$645,000
Not included in asking price
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Industrial Electric Motor Service Repairs,Rewinding and Sales


Asking Price$2,355,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,250,000

Inventory$500,000
Included in asking price
FF&ENot Disclosed

Real Estate$645,000
Not included in asking price
Business Description
Industrial Electric Motor Repairs, Rewinding, New Motor Sales & Service
This family owned business has been established many decades and the second generation is ready to sell the company. It is a debt free business that also owns the real estate debt free. There are over $500,000 in re-wound motors in stock. Total of 12 employees all are very skilled. Current shop rates being charged are well under market and need to be raised but still a very profitable company at current hourly rates charged. Seller willing to assist with transition as needed. This business is likely to qualify for an SBA Loan (504 and 7A). Will need a hands on owner operator or another larger electric motor shop to acquire them. Principals Only. No Buyer Reps or Buyer paid fees - No Exceptions.
About the Business
Years in Operation
55
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
10,000
About the Sale
Seller Motivation
Retirement
Listing Info
ID
2413978
Listing Views

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Business Listed by: Sunbelt Charlotte Sunbelt Business Brokers Charlotte

Listing ID: 2413978 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.