MergerPlace

Niche Re-Manufacturer of Petroleum Eqpt

Georgia


  • Asking Price: $359,500
  • Gross Income: $275,362
  • Cash Flow: $126,596
  • Real Estate: Not Disclosed
  • Inventory: $240,471
  • FF&E: $63,499
  • Listing ID: #211556
  • Established: 1982
  • Employees: 4 FT

Business Description

A truly niche business with only a hand few of competitors in the U.S. This company re-manufactures petroleum equipment and distributes the finish product nationally and internationally. The company has been in business since 1982 with same owner/operator. The purchase price includes over $240,000 usable inventory. A new owner could start making money on day one.


Business Details

Primary Business Category: Manufacturing - Petroleum & Coal Products
Location: Georgia

Company Information

Year Established: 1982
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4 FT

Financial Information

Asking Price: $359,500
Gross Revenue: $275,362
Cash Flow: $126,596
FF&E: $63,499
Inventory: $240,471
Seller Financing Available: Yes

Property Information

Facilities:

The business occupies one-half of 6,300 square foot metal building that includes a warehouse, office area and shop. The building is situated on large commercial lot with plenty of room to expand or even add another building for rent. The property is owned by the business owner is available for purchase, lease to own, or simply lease at a very competitive rate.

Growth & expansion opportunities:

The petroleum industry is ever growing and ever changing, thus there will be continued need for these re-manufactured products. A solid marketing and sales effort could greatly improve sales, especially in the international market place.

Competition:

There are only a few re-manufactures of petroleum equipment in the U.S. and there are none located within 250 miles.

Reason for selling:

Retirement and travel.

Support & Training:

Will train for 4 weeks @ $0 cost. The company takes core parts of petroleum equipment and re-manufactures the cores to near new status that meets or exceeds industry standards. No special licenses are required and some knowledge of petroleum pumping equipment would be beneficial.

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Business Listed By:

Dennis Collier

Murphy Business Brokers