MergerPlace

Electrical Motor Repair

Georgia


  • Asking Price: $49,000
  • Gross Income: $113,865
  • Cash Flow: $37,360
  • Real Estate: $350,000
  • Inventory: $19,916
  • FF&E: $28,928
  • Listing ID: #220588
  • Established: 1984
  • Employees: 1 FT / 1 PT

Business Description

This electric motor repair shop has been in operation for over 35 years and is situated on a prime piece of commercial real estate located in a highly industrialized community in North Metro Atlanta. The real estate is available for purchase at a fair market price of $350,000 with seller financing for a qualified buyer. The owner has been a part of the operation for over 35 years but has only owned the business since 2009. The business is well known in the community for providing quality products, reliable service at a fair price.


Business Details

Primary Business Category: Services - Other Services
Location: Georgia

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT / 1 PT

Financial Information

Asking Price: $49,000
Gross Revenue: $113,865
Cash Flow: $37,360
FF&E: $28,928
Inventory: $19,916
Real Estate: $350,000
Seller Financing Available: No

Property Information

Facilities:

The 2400 square foot warehouse/shop sets on .68 acres of prime commercial property within a multi-use commercial development area. The building is situated in a way that allows for building expansion with sufficient parking and large truck access.

Growth & expansion opportunities:

With the initiation of a simple marketing plan, sales would increase greatly. An online presence coupled with a social media marketing strategy would go a long way with improving the business’s footprint in the North Metro Atlanta area. The possible addition of a small machine shop could add an additional revenue stream as well as a different customer base, while maximizing shop space and sharing overhead.

Competition:

There are a few large motor repair companies located in the Metro Atlanta area. Most have been consolidations of small operations. The motor repair industry has been a vital part of the manufacturing industry since of the beginning the manufacturing era. Manufacturers will continue to rely on motor repair and rewinding, as long as electric motors are used.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost The company’s main focus is electric motor repair and service, but also sales new motors, parts and motor drive accessories. The shop is capable of handling motors up to 200 HP to fractional HP motors. The company also, provides pickup and delivery service for most motor repairs. There are no special licenses required. Knowledge of electric motors and motor rewinding would be helpful.

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Business Listed By:

Dennis Collier

Murphy Business Brokers