Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Gas Monitoring And Electrical Instrumentation/controls

LISTING DETAILS
Firms For Sale ID:
28369
Vendor reference:
3244
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
$1,480,000
Years established:
26
Number of employees:
10
Business website:

OTHER DETAILS
Reason for selling:
Needs management that can take the Company to the next level.
Support and training:
The owner would be willing to stay with the Company in his current capacity, for a specified period of time, to ensure an orderly transition of ownership.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
The business for sale is a very profitable provider of gas detection instruments (primarily for carbon monoxide) inspection and repair services, mostly for commercial buildings and oil and gas installations. The Company also sells, installs and services Variable Frequency Drives and Soft Starts that are used primarily for air handling and pumping systems in buildings and for water/oil separation and compressors in the oilfields. The business has a demonstrated growth history that has been virtually independent of economic or environmental conditions. Sales increased at a CAGR of 10 percent from $2.44 million to $2.96 million between fiscal years 2008 and 2010, respectively. The business is also highly profitable with outstanding profit margins. EBITDA margins have averaged 46.9 percent over the last three years, increasing from $961,091 to $1.48 million over the same period. Sales for fiscal 2011 are forecast to reach $2.9 million with corresponding EBITDA of $1.42 million (49.1 percent margin).

Market / Competition / Non-Competition Agreements
Management believes that with the addition of key marketing staff supported by additional inspection capabilities, the business could expand rapidly and double revenue in five years.