The Company manufactures, installs, maintains and repairs heavy industrial scales. The need to manufacture scales has declined due to an influx of domestic and foreign manufacturers but the need for installation and service has grown because a number of these companies do not have a staff of installers and technicians therefor creating a demand for someone to install and maintain their products.
The types of scales the company specializes in are found in many industries including:
1. Feed and Grain Elevators
2. Oil and Gas Production
3. Cement Plants
5. Chemical Plants
7. Manufacturing Plants
This is just a small sampling but should give you an idea of the magnitude of companies needing this type of service. There is also a whole market of smaller scales that need calibration and maintenance that the company has currently chosen not to pursue.
The Seller currently handles all facets of operations for the company. The Buyer will be thoroughly trained by the Seller but should also have background in the industrial scales industry in either a sales or technical capacity.
The company is located in a small industrial building with two offices and large garage for parking trucks and storing inventory and parts. The building is on a year-to-year lease. The location could be moved to fit the needs of the new owner because it is used for administrative office space and storage only. All of their business takes place at the client’s facility so the business would not be impacted by a change of location.
The owner is willing to provide an extended transition and training period to the Buyer. At the current asking price the owner would be willing to provide up to six months of training which would be included in the sales price. Also included in the sales price are the inventory, FF&E and the net of accounts receivable and accounts payable, currently valued at $35,000.
(281) 809-7220 (Main)
(832) 421-1110 (Mobile)
(310) 347-4290 (Fax)
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(281) 809-7220 Houston Office
(832) 421-1110 Mobile/Text
E-fax (310) 347-4290
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