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NY Business Brokerage

Industrial Equipment Distributor And Repair Company For Sale

New York, New York, US
Asking Price:
$1M - $5M (USD)
Sales Revenue:
$5,835,574 (USD)
Cash Flow:
$904,418 (USD)

Bids Accepted!
For over 25 years this company has been providing and servicing Industrial Equipment for service companies and engineers in several leading Class-A Buildings in New York
This company distributes, installs, and repairs pumps, electric motors, air compressors, variable frequency drives, and other industrial products. They also repairs HVAC fans and provides comprehensive machine shop services.
The company maintains approximately 27 full-time staff members to service its customers. Employee turnover of core employees has been very low.
They continued to operate throughout the quarantine period of the COVID-19 Pandemic. Management notes that the business has fared well during the pandemic, partly because it was deemed to be an essential business in New York State.
The company’s Sellers’ Discretionary Earnings for 2020 was $904,418.

Business Operation

Reasons for selling:

Retirement

Employees:
27
Years established:
1985

Other Information

Support & training:

To be negotiated

Contact NY Business Brokerage

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