Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Business For Sale. Sales 26; Marketing Of Custom Made Valves, Pumps, And Industrial Equipment

LISTING DETAILS
Firms For Sale ID:
10586
Vendor reference:
862142
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$295,000  
Turnover / revenue:
$150,000
Net profit / cashflow:
$1,000,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This company is a division of a well known multi million dollar Consulting Engineering firm that offers civil and wastewater engineering and construction services to both public and private sector clients. This company provides flow control and electrical equipment for water, wastewater, petro-chemical, marine, power, mining and manufacturing industries. Products are manufactured in India, China 26; Spain in accordance with ISO-9001 standards. The products include Large Diameter Butterfly valves, Check Valves, Gate Valves, Globe Valves, Crest Gates, Slide Gates, Roller Gates, Switch Gear etc.About 24;500,000 worth of pending orders go with this business. The parent company will be passing on the future orders that they receive to the new owners. The parent company wants to sell this business for 2 major reasons. There is a conflict of interest because the consulting firm is currently giving the orders to its own division. But with the new owners in place, 24;500,000 to 24;700,000 worth of orders will be passed on to this company each year. The other reason for selling is that the Consulting business is growing exponentially and the sellers have lost interest in this division. This is a recession proof business with tremendous upside potential. This is a relocatable business, needs a little office and 2 employees. Sellers will train for as long as it is necessary. Sellers are willing to carry a note with 50%; down.For more information, please contact Ved Sajnani at (310) 539-8300.