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Business for Sale Summary

Engineering & Industrial Manufacturing Business - 27504

Business Type: hr/ staffing,hvac,misc. servicel/non-classifiable,other business services,professional services,mfg businesses,chemicals & allied conditions,industrial & commercial machinery,measuring & analyzing instruments,misc. manufacturing/non-classifiable,petroleum refining,construction businesses,special trades,illness forces sale!,new to market,electric, gas, water, sanitary svcs,mining,engineering & accounting services
Engineering & Industrial Manufacturing Business
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Financial Information (non-confidential)

General Information
Asking Price $3,300,000 Down Payment $3,300,000
Gross Revenues $1,600,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$3,300,000 Down and Negotiable

Business Description

INDUSTRIAL MANAGEMENT COMPANY FOR SALE? Established in 1993, this engineering company specializes in industrial and chemical manufacturing and processing industries. This CSM (Certified Safety Manager) company mainly focuses on Refineries to make sure the three major Safety programs are updated AND has the company approved to work in all plants nationwide and worldwide. Its Safety Program is approved by the big three Safety Certifying Companies of North America, and throughout the world by the World Safety Organization. The seller has established strong relationships and works directly with the Engineer Managers, Maintenance Managers, and Turnaround Managers because they make the final decisions and sign on the dotted line for the lucrative contracts and Master Servicing Agreements. This business now for sale sits with these managers in most all the update meetings to help guide them on all the updates of the Turnarounds and projects. The seller has access to the top executives and key employees of the oil refinery industry. This business has a clean record with OSHA. This business also has its own pre-approved financing up to $1,000,000.00 for projects under contract to cover expenses such as payroll, etc. This Industrial Management Company just signed a master service agreement valued at approximately $1,000,000.00 which will be transferred to the new owner. It has two other pending commitments from two different refineries, one to work their 10 plants across the U.S.A., and another to work their Ohio plant, both worth $1,000,000.00 each and will be transferred to the new owner. Keep in mind that this business has worked with these companies already in the past and has a history of working with powerhouse refineries such as: Sinclair, Husky, Conoco Philips, Valero's, Citco (PBF Energy), Shell, Texaco, Sunoco (PES), Murphy, and the list goes on. The seller is also a part of a $1.8 Billion Project that has been pre-approved to co-manage the construction of three proposed refineries and commitments to the long term maintenance of these refineries. The business plan for the project has been approved for financing and is waiting on funds to be released which can be proven with documentation. This project is an added bonus to the approved contract for $1,000,000.00 plus coming up in January 2016, and two pending in 2017, which is all documented. ADD BONUS?this company is working on an App for improving ways to increase labor production for management and save money. When all the kinks are worked out it will go worldwide slated for the end of December. The new owners will be given a free license to use it. Seller wants to either retire or at least slow down to enjoy his family, but has communicated to me that as more and more of these contracts come in that the sales price will be increased. This is a guaranteed, gold mine business sale for a serious and competent buyer that will cover the purchase price with signed contracts and documented commitments. Just received a work order for over $1.5M for one of the company's master service agreements from a national refinery. Seller is also considering a partnership with the right buyer that is an established industrial management company or a leading National HR Company that is dominant in their industry.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.