Established Industrial Oil Recovery Systems Business for Sale in Michigan

This is a well-established, 30+ year old business operating in the industrial fluid recycling and dehydration niche. Located in Southeast Michigan, the company designs and builds custom industrial oil recovery and purification systems (41% of revenue), distributes industrial oil (40%), rents out equipment (10%), and provides parts and services (9%). The business is relocatable, offering flexibility to the buyer. The current owner, who is mechanically proficient and has an applications engineering mindset, is ready to exit but will remain as a full-time employee for up to a year at a reasonable rate to ensure a smooth transition. The company currently operates with two full-time employees. The ideal buyer is a disciplined business driver with mechanical proficiency. The listing also mentions a healthy pipeline for 2023. The real estate is available for purchase separately for $1.1M. Additional income is generated from a cell tower lease on the property.