Electric Motor Repair Business, Est. 1971 Location: [City, State]
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Asking Price
$995,000
Detailed Information
Business Description
Established in 1971, this Electric Motor Repair Business, which started as a small shop, has grown into a successful enterprise generating over $2 million in revenue per year. The company serves a diverse client base, including hospitals, universities, food businesses, mechanical contractors, and residential customers in need of pool pump repairs. Sales make up 55% of the revenue, primarily from electric motor sales paired with pumps, while the remaining 45% comes from electric motor, pump, and gearbox repairs. With a strong reputation and a wide range of capabilities, the Company is well-equipped for future growth and success, making it an appealing opportunity for potential buyers and investors. Having been family-owned for over 50 years, the current owners are looking to sell in order to retire. For those interested in learning more about the opportunity, the Company has automated the process for submitting non-disclosure agreements (NDAs) for quick and efficient access to detailed information. Prospective buyers and investors interested in this Electric