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TEXAS BUSINESS FOR SALE > mo0301041 (electric motor rewind machine shop for sale)

CONTACT INFO:  

Contact Name:

THIS BUSINESS IS NO LONGER FOR SALE

Phone:

THIS BUSINESS IS NO LONGER FOR SALE

Email:

 

Type of Listing:

Business Broker represented. Not
willing to work with other Brokers.

Company For Sale:

Electric motor rewind

Listing Number:

mo0301041 (electric motor rewind machine shop business / businesses for sale)

Location:

Area 6 - Southeast Texas / Houston Area

Other Location Description

Katy


Description of this Texas Business For Sale
(electric motor rewind machine shop business / businesses for sale)
Twenty-five year old business. Services offered are, rewind and repair of electric motors  up to 2000HP AC/DC 480 to 4300 volts. Additional services include field service engineering, dynamic balancing and coupling alignment.

Description of Staff
Owner is semi-active and full management team is in place. Of the eight highly trained tech personnel the least in seniority has been with the company seven years. Two of the techs have twenty-three years, one twenty, two fifteen and two twelve years.

Year Established
1978


FINANCIAL INFO:  
 

Asking Price:

THIS BUSINESS IS NO LONGER FOR SALE

800,000

Annual Revenue:

800,000

Annual Profit:

200,000+

Owner Financing?

If yes, what is Minimum Down Payment?

no

Real Estate Included?

no

If yes, what is the real estate value?

 

If no, what are the lease terms?

Lease negotiable or sell for $250,000 with possible owner financing

Describe facilities

8,000 sq. ft. crane served, high bay building on a 39,500 sq. ft. industrial site. Location is on a major thoroughfare near major freeways that afford easy access. Current facility is capable of increasing it's production level considerable, without measurable increase of capital investment.

 

ASSETS:  
Inventory 60,000
Furniture, Fixtures, & Equipment 250,000
Vehicles one crane truck

Real Estate Value

 

Accounts Receivable

 

Accounts Payable  

Debt to Assume

 
Other Assets

 

Reason for Selling:  
Owner wants to retire.

Time sellers are willing to remain after the sale:  
Long enough to ensure a smooth transition 

 

 
 
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