• Sold For

    $750,000

    Sold For

  • Revenue

    $1,414,338

    Revenue

  • Discretionary Earnings

    $181,286

    Discretionary Earnings

  • SBA Financing

    Yes

    SBA Financing

This company manufactures mission critical systems for military and industrial use and is considered an essential business during COVID19.  The company continues to operate and maintain its revenue position. The company has been established for nearly 30 years and manufactures military, marine, oil industry, and custom industrial systems for industrial, environmental and commercial use.  

Financial Summary

Summary 2019 2018 2017
Revenue 1414338 1157199 1862634
Cost of Goods Sold 660677 428042 757167
Gross Margin 753661 729157 1105467
Operating Expenses 751559 726367 1103286
Net Profit 2102 2799 2186
EBITDA
Owners Benefits 179184 205666 549586
Discretionary Earnings 181286 208465 551772

* $1.4Million sales

* $181,286  Discretionary Earnings

* Asking $750,000 + inventory & A/R

* Established nearly 30 years

* Gov & Industrial Contracts 

* 8 employees including Chief Engineer & technicians 

* SBA financing 

* $139,088 down payment with SBA Financing (including inventory & A/R) 

As an international industrial equipment company the systems are shipped and serviced worldwide from the port of Los Angeles and the Los Angeles International Airport.  

The company is known for its high quality, easy to maintain, dependable, turnkey systems guaranteed to produce a high quality product in addition to offering ongoing full engineering support.  The company does not actively market or advertise and relies on current active customers and referrals only.

The company has a highly skilled and professional  staff of seven employees, including a Chief Engineer that has been with the company for over 12 years, experienced technicians, and an admin assistant that has been with the company for six years.  

Services

* Full Installation

* Maintenance and Operating manuals

* Onsite Services provided by company’s engineers

* Parts and service available worldwide

* Full service engineering support.

 

Industries/End Users Served

* Governments and Municipalities

* Military 

* Marine

* Oil/Gas 

* Industrial/Factories

The owner is retiring and would like to find a qualified buyer who wants to continue to successfully run the business and is willing to train for 4 weeks/40 hours per week and continue with paid consulting if needed.

Down Payment and Working Capital Required

The down payment and working capital required for this transaction is a minimum of $139,088 down payment with SBA financing, plus working capital estimated at $50,000.  SBA financing includes estimated $275,000 for inventory, WIP and A/R purchase. Financing details are in the Confidential Business Review provided after receipt of your NDA.