Industrial Equipment Distributor & Repair Service

Industrial Equipment Distributor & Repair Service

Location: New York Metro,

Industry: Construction Related, Retail - Durable goods

Listing ID: 1099

For over 25 years this company has been providing and servicing Industrial Equipment for service companies and engineers in several leading Class-A Buildings in New York
This company distributes, installs, and repairs pumps, electric motors, air compressors, variable frequency drives, and other industrial products. They also repairs HVAC fans and provides comprehensive machine shop services.
The company maintains approximately 27 full-time staff members to service its customers. Employee turnover of core employees has been very low.
They continued to operate throughout the quarantine period of the COVID-19 Pandemic. Management notes that the business has fared well during the pandemic, partly because it was deemed to be an essential business in New York State.
The company’s Sellers’ Discretionary Earnings for 2020 was $904,418.

Listing Details

Revenue: $5,835,574

Real Estate: (Not Included in Price)

Reason For Sale:

Retirement

Training & Support:

To be Negotiated

Operation

Year Established: 1985

Employees: 27

Location

Monthly Rent: Approx $15,000

Square Footage: 20,000

Anthony Citrolo

anthony@thenybbgroup.com
631-390-9650 xt. 100
Address:
The NYBB Group
25 Melville Park Road Suite 105-82 Melville, NY 11747

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