MergerPlace

Industrial Electric Motor

Nova Scotia


  • Asking Price: $4,900,000
  • Gross Income: $7,244,035
  • Cash Flow: $1,158,631
  • Real Estate: $750,000
  • Inventory: $505,516
  • FF&E: Not Disclosed
  • Listing ID: #223748
  • Established: 1995
  • Employees: 40 FT

Business Description

The company is a leading electric motor and generator service provider in Atlantic Canada. They provide service to the largest industrial, marine, and enterprise level commercial clients in the region, primarily through field service.


Business Details

Primary Business Category: Services - Other Services
Location: Nova Scotia

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 40 FT

Financial Information

Asking Price: $4,900,000
Gross Revenue: $7,244,035
Cash Flow: $1,158,631
Inventory: $505,516
Real Estate: $750,000
Seller Financing Available: No

Property Information

Facilities:

The company is head quartered in an industrial facility they own, adjacent a 100 series highway.

Growth & expansion opportunities:

The owner sees a variety of ways to expand and grow. One is simply to increase technicians to meet increasing demand. Or open an office where there is more demand for marine services. Breaker testing. A great many boats need to be certified for insurance reasons. Bring an engineer on staff which will increase billing on services they already charge. Thermographic imaging. Used on electrical panels for boats. Again, insurance related. Generator servicing (Large customer). Calibration, documentation, approved. More insurance market demand.

Competition:

The industry comprises a small group of similar sized companies serving specialized sectors and/or regional areas.

Reason for selling:

The owner is nearing retirement age.

Support & Training:

Will train for 4 weeks @ no cost The company has a variety of service offerings including: Industrial electrical / field service; marine Industrial; motor / generator diagnostics rewind & repair; Industrial sales; Electronic work & repairs.

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Business Listed By:

Mark Pothier

Murphy Business Brokers