Founded more than 40 years ago, this Company is the Pacific Northwest's premier diversified facility. Divisions include Electric Equipment (Sales, Service & repairs); Pumps (Sales, Service & Repairs); Machine Shop (Large Capacities, No Job Too Large or Too Small); Drilling (Specializing in Large Diameter Wells to Depths of 1,500 feet); Construction Management and Hydroelectric/Water Resource Projects. Employees are trained, cross-trained & certified. This technical expertise enables the Company to maintain its high standard of service and dedication to its customers providing superior products and services at competitive prices.
- Asking Price:
- $15,000,000 Furniture / Fixtures included
- Sales Revenue:
- $9,379,039
- Cash Flow:
- $2,206,176
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Facilities include over 13 acres and a main warehouse of over 40,000 square feet with additional smaller buildings. The warehouse areas are mostly steel clear-span structures and are steel-framed, metal sided with standard metal sheets. The Company has a complete machine shop, welding and fabrication shop, pump shop, motor shop, and field service crews.
Business Operation
- Expansion Potential:
-
Each of the five separate divisions have massive potential for growth, especially in the larger hydro mechanical industries; by expanding motor & pump sales and by expanding water well drilling opportunities. The Company recently installed a Niles Vertical Boring Mill and is in the process of installing a Lucas Horizontal Mill, both of which will be capable of accommodating larger jobs in the utility, dams and mining industries.
- Competition / Market:
-
Competition includes hydro power; hydroelectric turbine systems; water well drilling; pump & electric motor sales, service & repair.
- Reasons for selling:
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The owners are retiring.
- Trading hours:
-
Monday-Friday 8am-4:30pm
- Employees:
- 38 FT/2 PT
- Years established:
- 45
Other Information
- Support & training:
-
Will train for 8 weeks @ $0 cost.
- Furniture / Fixtures value:
- $2,442,085 - included in the asking price
- Inventory / Stock value:
- $812,318