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Elevator Company Investment Opportunity in Newark, USA

Union elevator company based in New Jersey, looking to move to the next phase.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity S Corporation
Reported Sales USD 1.6 million
Run Rate Sales USD 2.4 million
EBITDA Margin 15 %
Industries Elevator
Locations  Newark
Local Time 2:01 AM America / New York
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2 million for 49.0% stake (Native Currency: USD 2,000,000)
Reason: Cash flow is key for a service company. Looking to support overheads while projects get completed an... View More
Includes physical assets worth USD 250 thousand
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Team At Expo
Business Overview
- The biggest struggle of an elevator company is talent, and we consider ourselves lucky to have a very good resource in that area.
- We offer a wide range of services as an elevator company.
- We are seeking financial support to help us as we expand into different states.
Products & Services Overview
Full-service elevator company, providing maintenance, repair, modernization, and new construction to elevators in the upper NY, NJ and eastern PA area.
Assets Overview
- 5 service trucks.
- Various specialized trade tools.
- Parts supply.
- Office equipment.
Facilities Overview
Rental warehouse in Newark. 2 floors are being actively developed.
Capitalization Overview
Our shareholding is divided between 2 by 51 /49.
We have a debit of not more then $250k.
Recent Activity
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4 Investors contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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