Established and highly profitable specialty industrial wholesaler providing highly specialized components to OEMs and distributors throughout the United States as well as distributors in Canada, Europe, and Mexico.
- Asking Price:
- $425,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $823,140
- Cash Flow:
- $277,464
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business is housed in a 2,410 SF office/warehouse suite in a business office/warehouse park.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The business has strong potential for expansion through trade advertising, an expanded distributor network, a modernized website and active outbound selling. With an established customer base, stocked product and no manufacturing capacity constraint, a new owner can scale substantially on the existing foundation.
- Competition / Market:
-
The Company competes against three substantially larger domestic suppliers with estimated revenues of approximately $70 million, $30 million and $20 million, respectively; each of which quotes lead times of one to eight weeks and charges extra for expediting. The Company ships stock items the same day at no expedite charge, and its published list prices run below those competitors on every comparable unit. In a market where a stopped machine is the customer's real cost, part availability, and quick response is one of the Company's notable advantages.
- Reasons for selling:
-
Retirement.
- Trading hours:
-
Monday-Friday 9am-4pm
- Employees:
- 1 FT
- Years established:
- 24
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Furniture / Fixtures value:
- $1,000 - included in the asking price
- Inventory / Stock value:
- $165,000 - included in the asking price
- Relocatable:
- This business can be relocated
