Industrial Electric Motor Service Repairs,Rewinding and Sales
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
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.
Businesses for SaleFlorida Businesses for SaleFlorida Manufacturing Businesses for SaleFlorida Industrial Machinery Manufacturing Businesses for Sale