#Business ID: 19925
Get Email Alerts
Add to Shortlist
View Shortlist
Business Location: Connecticut, United States
| Asking Price: BUSINESS SOLD | Revenue: $ 1,300,000 | Cash Flow: $ 323,000 |
1929
Lease
$ 26,000
$ 104,000
The facility sits on a 10,000 square foot lot and serves as the home office, service center, and warehouse. Management estimates that the facility is only at a 50% capacity utilization rate. Also, the facility location offers easy access to the I-95 corridor and the rail line.
Minimum Competition: Due to company’s established reputation and the barriers-to-entry in this marketplace, the Company has only nominal competition. Wide Service and Product Offering: The Company’s extensive array of services and products effectively results in “one-stop shopping†for the repairs and sales of electric motors, all types of pumps, drive belts, pool pumps and parts, bearings, blowers, power transmissions, etc. Diversified Customer Base: No single customer accounted for more than 4.3% of revenue during the historical period. The Company’s active customer list is 410, and this is excluding several hundred walk-in customers. This diversified customer base helps ensure that the Company will not be significantly impacted by the loss of any one account.
Geographic Expansion: The Company’s business model is easily replicable to other adjacent geographic markets and/ or counties in Connecticut, New York, and Road Island. Marketing & Sales Support: This business has virtually no formal marketing and sales programs in place. Development in this area could have a substantial effect on revenue growth.
7
Management is willing to stay with the Company during a transition period in order to ensure a seamless transfer of ownership.
Retirement
Follow your passion - find and buy the business that fits your dream. Buy it Safely!!
Australia
Canada
India
Singapore
South Africa
Thailand
UAE
UK
USA
Worldwide
