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Business Sales & Acquisitions

Elevator Supplies Distributor and Fabricator With Steady Growth

Price: $5,800,000

Location: Near New York City

Industry: Manufacturing

Respected name in the steel industry going back multi generations with consistent revenue increase year over year.
This in-demand distributor and fabricator of multiple applications in the Elevator and Construction Industries, is strategically located near the hub of NYC.
Geographical advantage for immediate delivery of critical elevator supplies to major elevator service companies and construction sites. No other local competition.
This business fares well during recession due to state and city safety building code requirements and preplanning needs for modernization of older elevators and new construction buildings.  Pre-qualified for SBA 7a and 504 loan.

Listing Details

Gross Revenue: $10,000,000

EBITDA: $1,600,000

Real Estate: $6,000,000

Reason For Sale:

Retirement

Training & Support:

Will provide