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Power Transmission Products, Components & Service
Location: United States -> Oregon
Industry: Business Services > Other Services




Business Summary

Established in 2005 and operating from its headquarters in Northeast Oregon, this company specializes in providing, service, repair, and sales of various power transmission equipment, components and products for the construction, agricultural and timber industries. The company's primary products include hydraulic pumps, motors, and planetary drives with an emphasis on mechanical and fluid power equipment. Offering these products and services requires tools, equipment, and highly-trained mechanics. Most customers are located within a 120-mile radius; however, several national firms are included in the company's customer base. Revenues have been steadily increasing over the past 5 years, with annual growth trends nearly 4%.

The owner has been in the industry for many years, as he was once a consumer he has a great knowledge on the inner-workings. Soon approaching retirement, he is willing to remain in some capacity up to three years to assist new owner in taking full advantage of the opportunity. Currently, 60 % of the Company's products and repair services are sold to construction companies primarily found in asphalt planers. Meanwhile, 35% are sold to timber companies using heavy equipment for timber harvesting. 5% of the company's products and services are sold to recycling operations - according to the owner, opportunities to expand into these and other additional markets are readily available. This company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired.

Asking $1,300,000.00. The Company operates from a 7,500 sf facility which it leases from and is shared with a third party. There is more than ample supply of readily available, suitable properties and facilities in the immediate area for new owner to occupy and initiate a major growth.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $410,000
Cash Flow:   $133,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $460,000
Seller Financing:  No

About The Business

Year Established:  2005
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The key employees will most likely stay on after the sale. If the new owner desires, the current owner/operator is willing to remain for 2-3 years as a key employee to facilitate seamless transition, introducing the new owner to customer base and train any incoming personnel.
Reason For Selling:  Approaching retirement.

Photos

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Print Listing Id: 700258251
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Also See: Franchise Opportunities > Franchise Resales > Oregon Businesses For Sale > Oregon Franchises For Sale > Oregon Business Brokers



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