Tupelo Data Room
Electronic & Electrical Equipment
Active

Electric motor sales and service

Greensboro, Guilford County, North Carolina, United States
Asking Price$465k
Revenue-
EBITDA-
Cash Flow-
Description
This business sells new motors and parts, and services electric motors for a large variety of industrial, commercial and residential applications. It sells both new and used electric motors and parts and performs in-shop repair services. Motors sold and serviced include a number of industrial, commercial and residential applications, such as air handlers, air compressors, pool pumps, industrial pumps, cooling tower motors, exhaust fans, commercial washers and dryers, and many other applications. All service work is performed at its shop located in Greensboro, North Carolina. However, due in part to limited competition in its market, the business has provided services to customers in adjacent counties and well beyond the city limits of Greensboro. Its customer base is diverse and includes several large institutional customers who maintain accounts. The sale transaction includes all equipment and inventory owned in the business, including all equipment and inventory necessary to run the business plus a number of machines and equipment no longer used, and a very large inventory of motors and parts that have been acquired over the years and are not on the books.
Real Estate
Leased
Asking Price$465k