Total of 18659 firms and businesses for sale today Friday 10th May 2024
Sold. Gas Monitoring And Electrical Instrumentation/controls
LISTING DETAILS
Firms For Sale ID:
26774
Vendor reference:
3244
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed
Turnover / revenue:
$2,960,000
Net profit / cashflow:
$1,480,000
Years established:
1985
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
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).