50+ y/o Electric Motor Repair Business (860)

Established in 1971, this Electric Motor Repair Business has evolved from a small shop into a thriving enterprise generating over $2 million in annual revenue, with strong margins. The Company has primarily grown through word-of-mouth referrals, building a diverse clientele that includes hospitals, universities, food businesses, mechanical contractors, and residential customers seeking pool pump repairs. Sales account for approximately 55% of the Company’s revenue, mainly from electric motor sales, often paired with pumps. The remaining 45% comes from electric motor, pump and gearbox repairs. This balanced revenue stream demonstrates the Company’s robust ability to generate income through both product sales and service offerings. With a strong reputation and diverse capabilities, the Company is well-positioned for continued growth and success, making it an attractive opportunity for potential buyers and investors. After more than 50 years as a family-owned and operated business, the current ownership is seeking to sell in order to pursue retirement. Revenue (Dec. 31, 2023): $2,011,571 Cash Flow (Dec. 31, 2023): $366,061 (SDE) EBITDA (Dec. 31, 2023): $199,330 Inventory: $126,269