Business for sale in USA – Sacramento – California – $4M provider of specialty electrical equipment

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Business for sale in USA - $4M provider of specialty electrical equipment

Asking Price: 0 $ US Real Estate: Lease
Sales Revenue: 4,631,615 $ US
Net Profit: 350,000 $ US
Year Established: Not Disclosed
Employees: 17FT
# of family members employed: Not Disclosed
Location criteria:
USA/California/Sacramento

Business types:

Other industries

Business categories:

Other #1

Business description

This Company was founded over 60 years ago as a carburetor and generator repair facility for the then-emerging post-war automotive industry. In 1989 the business began focusing on new, high-growth specialty emergency equipment supply markets for governments and today has emerged as prime distributor. This profitable, $4M provider of specialty electrical equipment for local markets and of emergency equipment parts for government vehicles is benefiting from $7.8 in federal disaster spending grants relating to 9/11, one of the largest increasing government spending in decades. Growth in 2006 is forecasted to be over 20% in revenue and profit when compared to 2005 and 15% year-over-year after that - with substantially more by adding sales/marketing. Its principal market includes hundreds of state and local government agencies such as law enforcement agencies, fire departments, public works organizations and forestry service serving over 30 countries and 600 California and Nevada municipalities. In as much as the Company does not have an outside government sales force for this market, most of the opportunity is untapped with additional opportunity available in other states and federal markets. It also maintains a very-high margin drive-in electrical repair shop and walk-in and telephone emergency parts sales operation with customers throughout Northern California and Nevada. The owner does wish to stay with the new owner for 5 years to develop and increase new sales.

Additional information

Additional information: Not Disclosed
Support & training: 2
Reasons for selling: Retirement
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 $ US
Location: Not Disclosed

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