A full-service electric motor repair, rewind and re-manufacturing company located in Atlantic Canada. The company services most electrical equipment, including specialized units manufactured in Europe and Asia and has a large customer base throughout Atlantic Canada. As well the company has also developed a large international export business.
The company operates out of its own warehouse facility strategically located near a 100 series highway.
On the domestic side the company is projecting to increase sales by 15-20% over the previous year. For International sales, the company expects to maintain the same level of sales as the previous year.
There are only a handful of competitors on the electric motor side. With International sales the owner has exclusive rights to distribute to certain countries.
The owner is nearing retirement age.
Will train for 2 weeks @ no cost. The company has two core service offerings: Domestic: Electric motor complete service (all types, all makes) Electric equipment having electric motors, electric controls and field service. International: Exclusive distributor for a number of companies involved in traffic safety and related equipment.
Murphy Business Brokers