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Electrical Equipment Sales & Service, Export For Sale

Nova Scotia, Canada
Asking Price:
$1,299,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,883,166 (CAD)
Cash Flow:
$252,444 (CAD)

A full-service electric motor repair, rewind and re-manufacturing company located in Atlantic Canada. The company services most electrical equipment, including specialized units manufactured in Europe and Asia and has a large customer base throughout Atlantic Canada. As well the company has also developed a large international export business.

Property Information

Real Estate:

Real Property Included

Premises Details:

The company operates out of its own warehouse facility strategically located near a 100 series highway.

Business Operation

Expansion Potential:

On the domestic side the company is projecting to increase sales by 15-20% over the previous year. For International sales, the company expects to maintain the same level of sales as the previous year.

Competition / Market:

There are only a handful of competitors on the electric motor side. With International sales the owner has exclusive rights to distribute to certain countries.

Reasons for selling:

The owner is nearing retirement age.

Trading hours:

Monday-Friday 9am-5pm

Employees:
3 FT
Years established:
34

Other Information

Support & training:

Will train for 2 weeks @ no cost.
The company has two core service offerings:

Domestic: Electric motor complete service (all types, all makes) Electric equipment having electric motors, electric controls and field service.

International: Exclusive distributor for a number of companies involved in traffic safety and related equipment.

Furniture / Fixtures value:
$241,090 (CAD) - included in the asking price
Inventory / Stock value:
$47,933 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

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