Hydraulic Hose Repair and Industrial Equipment Service Company
Off-MarketCincinnati, OH
Established B2B Industrial And Heavy Equipment Repair Franchise Specializing In Hydraulic Hose Repair And Related Hydraulic Services
Request an Introduction
Sign in to request an introduction to the seller and unlock full deal details.
$1,500,000
$350,000
23.3%
2004
Past 24h
Customers
Primarily commercial and industrial businesses that operate heavy machinery and hydraulic equipment. Customers require on-demand hydraulic repair services when equipment breaks down or needs servicing. The company serves a long-established base of repeat customers across its three territories, including accounts with national and regional pricing agreements.
Customer Acquisition
The business generates substantial repeat business from established commercial and industrial customers. Additional customers come through referrals, including individuals who move between companies and continue using the franchise's services at their new workplaces. The company also conducts ongoing marketing and sales efforts to expand its customer base throughout the year.
Team
Approximately seven employees. The business is also actively recruiting two additional technicians to support operations and growth. The existing management structure and whether employees would remain following a sale were not discussed.
Owner's Role
The owner serves as general manager and is actively involved in sales and business development.
Reason for Selling
The owner is approaching retirement and would like to reduce his full-time involvement in the business.
Contracts
Yes. The business has some national contractual agreements and local or regional pricing agreements. However, services are generally provided on demand rather than through guaranteed recurring service contracts.
Real Estate
No
When Are You Looking to Sell
Within the next 3-6 months
Licenses Required
No
Additional Notes
The business has operated for more than 22 years, with the current owner having held the franchise for approximately six years. The franchise includes three contiguous territories, with opportunities for further expansion within those areas. The owner is open to offering significant seller financing to a qualified buyer. The amount and terms would depend on the buyer’s financial position and a review of their personal financial statement. The business is actively seeking two additional technicians.
Business ID: 2157
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence