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Energy Products Fabricator business for sale. Price reduced to $475K. Sales $675K. Cash flow $170K. http://goo.gl/pTpc
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Com Vehicle Fabrication Service
Financials
Asking Price of Business: $650,000
Included in the Asking Price:
- Furniture, Fixtures & Equipment: $75,000
Inventory: $125,000
Cash Flow: $275,000
Annual Sales: $1,200,000
Summary Description
This company is a leader in the design, fabrication, installation and service of custom delivery vehicles for leading firms in Maine’s energy industry. Ongoing federal and state testing requirements provide repetitive business. The business has significant growth potential in today’s and tomorrow’s market.
General Information
Year Established: 1988
Employees: 4 Full-time
The 7,000 SF facility is custom designed for maximum efficiency. Current ownership will lease to a new owner at market rates, but since the facility is adjacent to his residence he would ultimately like it to be relocated. The company’s vehicles and equipment are in good condition and are more than adequate for future expansion.
Market Outlook
Competition & MarketThere are other competitors in the state, but this company’s unique market position gives it an advantage over the competition. Its longevity and commitment to customer service have given it a solid local reputation and basis for growth. The company is already successful, but there are many ways it could grow.
Growth & Expansion:
The company’s current market area is expected to provide exceptional sales opportunities for many years into the future and the company has a strong market presence in it. In an industry with several competitors, this company has a growing market share. Its size and reputation allow it to continue to increase market share for the foreseeable future. The company believes that it has substantial avenues for growth. An acquirer could also expand geographically.
About the Sale
Financing: Seller financing will be determined on an individual basis.
Support/Training: The seller will provide extensive transition training to a new owner and will be available for ongoing consultation.
Reason for Sale: The seller does not want to drive the company to the next level. He plans to remain in the area.
Contact Information
Lee Edwards
Maine Business Brokers
Phone: 207-775-1957
Email: Lee@MaineBusinessBrokers.com
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“What Maine Business Brokers' clear offering summary about the business...impressed me the most.”
Armand Rouleau
Buyer, New Hampshire Marble Londonderry, NH
