Industrial Equipment Repair & Service Contractor – $915K / $306K - Business for Sale
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Industrial Equipment Repair Contractor in Los Angeles County, CA
CA, US
Added today
Industrial Equipment Repair & Service Contractor
49 years in business
Retiring Owner
Industrial equipment repair and service contractor with an in-house machine shop, serving hospitals, commercial buildings, and industrial facilities across Southern California from Los Angeles County.
Key Information
Asking
$775K
Revenue
$915K
Earnings
$306K
Multiple
2.5x
Key Highlights
- Established in 1977; 49 years in operation
- 4 employees: Shop Supervisor, two Mechanics, Office Administrator
- Customer base includes 45 accounts; 28 repeat customers generated 81.1% of annual billings; largest customer is 12.3% of sales
- Healthcare customers represent 27.5% of sales; approximately 8 customers on regular preventive maintenance schedules
- Approximately 8,000 sq. ft. shop with quarter-acre yard on a month-to-month lease
- All equipment and vehicles are included in the purchase price
- SBA financing available with an estimated down payment of $89,574 (10% down)
- Owners will provide 4 weeks of training (30 hours per week) and a 5-year non-compete
Contact Info
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