Established Scale and Services Business for Sale

Yakima County, WA

Seller Financing Available

Asking Price:	$1,500,000
Gross Revenue:	$904,665
EBITDA:	$88,422
Real Estate:	$650,000

Cash Flow:	$204,085
Inventory:	$5,230
FF&E:	$47,303
Established Year:	1973

Listing ID: 2311466Listing provided by BizBuySell

BUSINESS DESCRIPTION

The sales and service business is a privately owned business in Central Washington. The company sells, services and repairs all types of scales ranging from gram scales to truck scales, with a strong focus on the agricultural industry. The business was started in 1973, has always been family owned, and has long standing relationships with its clients. The current owner is only the third owner in its 51 years. The company prides itself on honesty, integrity and client satisfaction.

The business is a dealer for the following manufacturers:
•Mettler Toledo
•Cardinal Scale
•Rice Lake
•Yamato
•BefourInc
•Matco
•CotiGlobal Sensors
The business currently has 1 staff member excluding the current owner and his spouse. Wages for employees have varied based on experience. The current owner works for clients in the field with the other employee completing installations and repairs. The spouse runs the office and administration of the business.
A new owner will need a Weighmaster / Weigher License from the State of Washington.
The current owner is selling to retire. They are willing to stay on in a consulting capacity. The amount of time and pay is negotiable.
The seller is willing to consider either an asset or equity sale of the business. The business operates out of a shop behind the owner’s home. The home and shop are available separately for $650,000.
Complete detailed information about the company is available with a signed non-disclosure agreement.

ATTACHED DOCUMENTS

Offering Memorandum.pdf Download

DETAILED INFORMATION

Location

Relocatable

Inventory

Not Included in asking price

Real Estate

Owned

Building SF

2,428

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

The owner works out of their home / shop. The business pays the owner rent. The property is available separately,and the owner is asking $650,000. Purchase of the real estate is not required in order to purchase the business. The property is a 1.25 acre parcel with a 3 bedroom, 2.5 bathroom, 2428 square foot house built in 1996. There is a separate pole barn with 768 square feet.

Competition

There are several competitors in the area. The business competes based on long standing relationships, quality service and significant need for this type of business in Washington.

Growth & Expansion

There are growth opportunities through marketing. There is a domain that they own but there is no website. A wesbite could be developed along with marketing/advertising.

Financing

Broker is willing to provide assistance with exploring funding options for buyer.

Support & Training

Current owners are willing to stay on in a consulting capacity. The amount of time and pay is negotiable.

Reason for Selling

Owner ready to retire

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