Recession Resistant & Relocatable Ind. Pump Serv. 

Listing Details:

• Business Category:  Commercial and Industrial Machinery &                                                      Equipment service
• Price:                          $1,200,000
• Gross Revenue:         $560,172
• SDE:                            $285,751
• Seller Financing:        $400,000
• Location:                    Minnesota
• Employees:                2
• Inventory:                   $200,000 Seller estimated FMV
• F&E:                            $275,000 Seller Asset FMV
• Support & Training:   8 weeks
• Reason for Selling:   Retirement
• Non Compete:           125 Miles for 5 Years
• Year Owned:              35
  
  

Business Description:

This long established industrial pump sales, service, and rental business enjoys name recognition and is known as the go-to service for municipalities throughout the Midwest. Essential services and municipal customers make this a recession resistant business in which on-time payments can be expected. Easily relocatable anywhere within the trade area. Owner is willing to stay as long as needed for training and even willing to take after hours call duties. High amount of seller financing for qualified buyer. This customer list is invaluable for strategic buyers looking for growth with midwestern local governments.

Competitive Overview:

Limited competition and expertise in the trade area. Unsurpassed service keeps customers coming back for all their pump needs. One stop shop for pumps, motors, and controller sales and repair, as opposed to competitors who need to job out services.

Growth Potential:

There is more new business potential than the owner can sustain today. The successful buyer would be expected to grow easily with additional staff. Current business is the result of essentially no marketing budget, so any additional marketing efforts would be expected to yield additional business.

Facilities:

A lease is available in the current facilities, but not a requirement if relocation is desired.

Operating Hours:

• 8:00 AM to 5:00 PM Mon through Fri

Number Employees:

• 1 Full Time
• 2 Part Time
• 3 Total

Owner Weekly Hours:

• 40