Advert ID:1241 / Type:Business For Sale / Sector:Construction / Location:United States / Location:Asia / Location:Europe / Location:Oceana
Equipment Installation Business For Sale
Opportunity Summary
My name is Tom Kern. I am the majority owner of a material handling equipment installation company. We have been in business for ten or more years and I would like to retire. My partner is eager to stay with the business for a year or so to help direct the new owners.
Basically we have 6-10 employees, including 2 supervisors. We own 2 trucks, a small trailer and tools and equipment. Those assets would equal approximately $40,000US, with no debt to the new owners.
The business has consistently generated between $60,000US and $70,000US for the owners on gross sales of about $800,000US per year. Approximately 80% of the current installations have been in the Southeastern part of the US with about 20% throughout the balance of the states.
We have a good base of customers that will continue with the new owners.
There is a great potential to expand this business if the new owner wants to do so. We would be happy to help with that also.
With the favorable Pound to Dollar exchange rate, this company will be a very attractive opportunity for someone who wants to come to the US and own a business.
- Years Established:
- 11 years
- Property Details:
- Two trucks, trailer, tools. No real estate
- Sales Revenue:
- $800,000 US to $1,200,000 US
- Net Profit:
- $60,000 to $70,000
- Inventory/Stock Value:
- Just tools and equipment
- Asking Price:
- $130,000 US
Typical Rack Installation
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