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Industrial Products Service / Sales Company

High quality, 18 year old company provides parts sales, service, and rebuilds to a wide variety of customers that use hydraulic or pneumatically powered equipment. The company services the Mid-Atlantic area with a focus on Washington, DC, Northern Virginia and Baltimore. Long term customers value the high level of service, emphasis on quality, quick turnaround and competitive pricing. The company's suppliers are among the best in the industry and allow the company to offer such price and service.

The company's market area is nearly recession proof and is expected to continue its long term growth. The Baltimore/DC metroplex is the fourth largest in the country and leads all major metropolitan areas over the last 5 years in employment growth. In addition, the recommendations of the Department of Defense Base Realignment and Closure Commission (BRAC) expects to generate an additional 40-60,000 high paying Defense and Contractor jobs in Maryland over the next 4 years on top of the underlying growth rate.

The company has shown good growth rates over the last several years and can continue to grow by emphasizing product sales through direct distributorships and adding more service technicians. Sales from January through June 2008 were $1,300,000.

The company does very little marketing and relies upon referrals and its website for new business.

Seller will train for 4 weeks at no cost. He is very experienced and is willing to stay full time for 2 years if needed and much longer on a part time basis, especially in a sales capacity.

The well equipped facility could easily support 25% more service work and many times more product sales. The company operates from 16,000 square feet of shop and office space in a quiet industrial area convenient to interstate highways. Facility is leased from an entity controlled by the business owner and has additional space available for expansion. The property could be acquired separately if there is an interest.