MergerPlace

Electrical Equipment Sales

Nova Scotia


  • Asking Price: $1,299,000
  • Gross Income: $1,833,166
  • Cash Flow: $252,444
  • Real Estate: Not Disclosed
  • Inventory: $477,933
  • FF&E: $241,090
  • Listing ID: #217243
  • Established: 1985
  • Employees: 3 FT

Business Description

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.


Business Details

Primary Business Category: Manufacturing - Machinery
Location: Nova Scotia

Company Information

Year Established: 1985
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $1,299,000
Gross Revenue: $1,833,166
Cash Flow: $252,444
FF&E: $241,090
Inventory: $477,933
Seller Financing Available: No

Property Information

Facilities:

The company operates out of its own warehouse facility strategically located near a 100 series highway.

Growth & expansion opportunities:

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.

Competition:

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.

Reason for selling:

The owner is nearing retirement age.

Support & Training:

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.

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Business Listed By:

Mark Pothier

Murphy Business Brokers