*** SOLD ***
Sales & Marketing of Custom Made Valves and Pumps
$295,000.00Riverside CountyListing: #LA2486
About this business for saleSales & Marketing of Custom Made Valves and Pumps
This company is a division of a well known multi million dollar Consulting Engineering firm that offers civil and wastewater engineering and construction services to both public and private sector clients. This company provides flow control and electrical equipment for water, wastewater, petro-chemical, marine, power, mining and manufacturing industries. Products are manufactured in India, China & Spain in accordance with ISO-9001 standards. The products include Large Diameter Butterfly valves, Check Valves, Gate Valves, Globe Valves, Crest Gates, Slide Gates, Roller Gates, Switch Gear etc.;About $500,000 worth of pending orders go with this business. The parent company will be passing on the future orders that they receive to the new owners. The parent company wants to sell this business for 2 major reasons. There is a conflict of interest because the consulting firm is currently giving the orders to its own division. But with the new owners in place, $500,000 to $700,000 worth of orders will be passed on to this co each year. The other reason for selling is that the Consulting business is growing exponentially and the sellers have lost interest in this little division. This is a recession proof business with tremendous upside potential. This is a relocatable business, needs a little office and 2 employees. Sellers will train for as long as it is necessary. Sellers are willing to carry a note with 50% down.