Reason for Sale: Retirement- Profitable Petroleum Equipment Repair Business. Essential business during Covid-19. Seller's location has been servicing the petroleum industry for over 40 years in South Florida. Services performed on tankers & trailers welding, fabrication, cargo type inspections, mechanical repairs, trailer repair (brakes & suspension). Complete repair shop for the industry. Experienced welders/mechanics in place. Owner takes care of DOT safety inspection sheet, estimates, CFO services. Owner benefit $500k+ in 2019. Great books and records. Visa qualified.
2 Warehouse bays-5,000 sq ft+ storage yard. Lease expires 02/28/2023 with 2 - 3 yr. options.
Call on new customers in the Miami and Palm Beach petroleum markets. A new owner can open a 2nd location in Miami. There are eight larger sized petroleum clients that have potential to become clients. Business can focus on larger ticket items for example engine repairs.
The Company began business in 2014. The existing location has been servicing the industry since 1980. The business started as a welding and trailer repair shop in 1980. The seller took the business over in 2014 and expanded the services to where it is today.
Will train for 4 weeks @ no cost