Price: $698,000
Location: Florida
Industry: Auto Repair and Service Shops
Listing ID: 42360143
Listing Status: New
Distributor of Hydraulic and Pneumatic components with a reputation that goes beyond its local market. Its often prestigious clients rely on this business' engineering abilities to come up with unique solutions. Its Service Department has the reputation to be able to repair the most challenging equipment, even when discontinued by the original manufacturers. Full team in place with in-house sales force. Great Books and Records with clean inventory. Owner is the original founder of the business and is retiring.
Possibility of bank financing with as little as $73,000 down for a qualified buyer.
Real Estate is available for sale to further increase profitability.
Should qualify for an E2 Visa.
Down Payment: $73,000
Total Sales: $2,384,108
Cash Flow: $303,906
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE: $225,000
FFE Included: Yes
Inventory: $300,000
Inventory Included: Yes
Year Established: 1994
Days & Hours of Operation: Mon - Fri : 8am - 5pm
Owner Hours Per Week: 40
Lender Pre-Qualified: Yes
Non-Owner Payroll: N/A
Employees: 9
Managers: 1
Absentee Owner: No
Real Estate: $850,000
Real Estate Included: No
Monthly Rent: $5,700
Type of Location: Free standing building
Square Footage: 9950
Relocatable: No
Reason For Sale: Retirement
Training & Support: Two weeks at no cost