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Servicing Southern Oregon and Northern California, this company specializes in the distribution of OEM industrial replacement parts found in all industrial, commercial and agricultural equipment. The company’s primary products are bearings, sprockets and belts for power transmission equipment. Currently, 50% of revenue derives from the sale of power transmission and industrial supply products which are sold to businesses in the wood products industry, 20% comes from farmers and large-scale food processors, 20% from construction firms doing aggregate and paving. Also, 10% of the revenues derive from hospitals, colleges, and many other types of businesses - according to the owner an opportunity to expand into these other markets is available. With its broad range of products, the company’s marketing efforts focus on targeting businesses in the wood products, agriculture and construction industries in Southern Oregon and Northern California. Revenues and profit margins have been stable over the past three years.
With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. With limited marketing efforts being taken, the new owner would do well to increase sales efforts. Owner financing may be negotiable for the right buyer. Please contact IAG for full details, including location specifics
While the owners are approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
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