Since inception in 1984, the company has serviced several markets and industries, such as offshore oil and gas productions, petrochemical, and those needing parts repair among others.
The Company’s primary products and services include custom designing and engineering fire water pump systems. The Company operates from a 15,000-square foot facility, which it leases from a third party. The facility includes fabrication, machine shop, shipping and receiving, and office space. Nearly 12,000-sq. ft. is the production area with the rest being office space. The property is leased for $9,200 monthly. It is in excellent condition and able to handle extra capacity.
Top 5 Products & Services:
- Custom Designed & Engineered Firewater Pump Systems
- Custom Designed & Engineered Skid Mounted Modular Equipment
- Manufacturing, Assembly, Service for Major Pump Manufacturers
- Service & Repair of Pump Systems
- Parts
While marketing efforts consist mainly of maintaining their website and a proven-effective referral source system, growth opportunities exist by expanding to off-shore locations and achieve an even larger customer body. With instances of international business sales, the business was unaffected by the recent pandemic
FINANCIALS
- Revenue 2019 : $ 4 M
- SDE 2019: $459 K
- Asking Price : $859K
- Equipment: $50,000
- Receivables: $237 K
Note: TechnologyPark.com (parent company of CorporationForSale.com) is marketing this opportunity in a co-broking partnership with the listing broker.
