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- RE: 50 Y/o Electric Motor Repair Business
- Contact: Small Business
Quick Facts
Asking Price: | $995,000 | |
Annual Revenue: | $2,011,571 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $366,061 | |
Total Debt: | Not Disclosed | |
FF&E: | $833 | |
Real Estate: | Not Disclosed | |
Year Established: | 1971 | |
Employees: | 10 | |
BBN Listing #: | 951129 | |
Broker Reference #: | 860 |
Business Overview:
Established in 1971, this Electric Motor Repair Business has evolved from a small shop into a thriving enterprise generating over $2 million in annual revenue, with strong margins. The Company has primarily grown through word-of-mouth referrals, building a diverse clientele that includes hospitals, universities, food businesses, mechanical contractors, and residential customers seeking pool pump repairs.
Sales account for approximately 55% of the Company’s revenue, mainly from electric motor sales, often paired with pumps. The remaining 45% comes from electric motor, pump and gearbox repairs. This balanced revenue stream demonstrates the Company’s robust ability to generate income through both product sales and service offerings.
With a strong reputation and diverse capabilities, the Company is well-positioned for continued growth and success, making it an attractive opportunity for potential buyers and investors. After more than 50 years as a family-owned and operated business, the current ownership is seeking to sell in order to pursue retirement.
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Property Features and Assets:
2 Facilities, one 7,500 square feet and another 3,000 square feet facility. Combined the two facilities house the repair shop and office space, equipment, offices, and storage. The spaces can occupy all parties necessary for running day-to-day operations.
Market Competition and Expansion:
Investment Highlights Include:
(1) Strong reputation – 53 years of excellent client service
(2) Prime Location
(3) Loyal Customer Base
Growth Opportunities:
(1) Advertising & Website
(2) Optimizing Operations
(3) Diversify Service Offerings
Reason for Selling:
Ownership is pursuing retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Kentucky businesses for sale
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