Business Summary:
Profitable, low maintenance brokerage business covers two distinct business sectors, Gear Reducers/Electric Motors and Recycled Conveyor Belts. This 15-year old business comes with a significant contact database and other lucrative industry contact lists. An international base of clients provides unlimited opportunity to grow the business exponentially, while alternate channels of opportunity rest in the number of close business/partnership-type relationships the seller has developed and maintained with other brokers throughout the United States and Mexico.
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| Year
Business was Established: 1994 |
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| Number of Employees:
1 FT/2 PT |
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| Facilities / Terms of Lease:
Building and yard are used to store the belting and other recycled equipment. A Belt Winder, Slitting Table, and Stand are utilized in the belting side of the business. Fork trucks and miscellaneous tools make up the remainder of the equipment. Neither business is tied to this location, but the yard serves as storage, and the space permits the loading of large containers and trucks. |
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| Potential
Growth/Expansion:
Seller is semi-retired, and he currently relies solely upon the websites he developed over the years for his current business. Additional marketing, such as advertisements in trade magazines, direct mailers, and e-mail campaigns, would boost business significantly. Seller’s websites currently account for as much business as he desires at this time. With more consistent updating, closer monitoring, paid placement, etc, they would be certain to yield a much higher response rate. |
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| Competition:
This is a highly specialized, high-profit brokerage business selling to a variety of industries in a number of different national and international markets. While negotiating skills are encouraged, there is more than enough opportunity to continue this business as is utilizing the websites alone, and a wealth of opportunity to grow this business to vast new heights with a few additional marketing efforts. |
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| Owner
willing to finance:
Seller financing available to the right buyer; most businesses qualify for 401K/IRA funding without penalties. |
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| Owner
willing to train:
The current owner is motivated to help the new owner get up to speed and to be successful in running these businesses as quickly as possible. To this end, he is willing to offer a period of training and/or consultation. On a longer term, he is also will |
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| Reason for selling:
Owner hopes to retire. |
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| This business is Internet Based.
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Seller Reference Number: 4181-349
BusinessMart.com Listing Number: 66178 |
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