Very rare opportunity to step into RECESSION-PROOF business! Taking into account current economical situation it's a very desirable quality. This company was established over 30 years ago and is under same ownership since then. The company is involved in upfitting emergency vehicles for various government agencies: police cars, light vehicles for fire department, sheriff department, park rangers, patrol cars for security companies, etc. They service municipalities throughout California. The company has very good reputation among their customers that drives repeat orders from cities and counties year after year.
The company has two divisions: Equipment Sales and Manufacturing. This company is a Master-Distributor for majority of emergency equipment manufacturers. Larger share of sales revenue comes from equipment sales. Manufacturing is pretty much assembly from purchased components, no heavy machinery or metal work involved, just in-vehicle installation, mechanical and electrical assembly.
Owner’s responsibilities include interaction with customers and vendors, and quoting jobs. This company hasn’t done any marketing for years. All business comes from word of mouth. There are many areas to improve upon. The company will definitely benefit from employing outside sales people and developing a web site. Web sales can be of huge benefit to equipment sales division.
The company employs 3 installers and office manager. After 31 years of running this company, the owner is ready to retire. He is willing to provide extensive training to assure a smooth transition. The ideal buyer would possess sales, marketing and general management skills, and willing to learn extensive product line.
For more information, please contact Jacob Berenfeld at 714-434-2663.
| Established, years |
31 |
| Bldg. Size, sq.ft. |
11,250 |
| Number of Employees |
3 |
| Monthly Payroll |
8,000 |
| Monthly Rent |
$7,500/mo |
| FF&E |
$90,000 |
| Annual Sales |
$1,400,000 |
| Annual Discretionary Cash Flow |
$210,000 |
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