This industrial distribution company has decades of experience supplying fittings, flanges, gauges, tubing, valves, and related products to hundreds of customers all over the world. The business thrives due to a strong team and base of customers, including many of the top players in the chemical and energy industries.
- Asking Price:
- $2,050,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,715,067
- Cash Flow:
- $284,513
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business operates out of a small office and warehouse space in the southern part of the Greater Houston area. The office provides a reception area and serves the sales, accounting, and management functions. The warehouse consists of well-organized inventory with shelving and color-coded bins divided by manufacturer. Product packaging and shipping is also primarily handled in the warehouse.
Business Operation
- Expansion Potential:
-
There is opportunity for growth by enhancing the size and reach of the marketing and sales team, and related business development efforts - particularly with outside sales representatives. Expansion of warehouse space would also allow for growth and additional efficiencies in inventory management. Additional partnerships with suppliers to expand the product offering would be another area of increased opportunity and benefit. Further enhancement of the ecommerce side of the business will also be an opportunity for heightened expansion.
- Competition / Market:
-
This business excels in providing high-quality products to discerning customers with efficient and thorough service. They have valued premier partner relationships with multiple suppliers and are on the approved vendor list of many of the top industry players. They also have established ERP and inventory control systems allowing quick and systematic order management.
- Reasons for selling:
-
The owner is involved with other business activities and wishes to sell the business to allow new ownership to leverage the brand, customer base and strong inventory.
- Trading hours:
-
Monday-Thursday 8am-5pm; Fri 8am-4pm
- Employees:
- 5 FT
- Years established:
- 24 Years
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
The business provides gauges, fittings, tubing, valves, and regulators to a variety of markets including Industrial, oil & gas, marine, OEM, offshore, chemical, food & beverage, water treatment plants, water facilities and hydrogen services.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$1,850,000 down/$200,000 over 60 mos. @ 6.50%.
- Furniture / Fixtures value:
- $208,958 - included in the asking price
- Inventory / Stock value:
- $1,200,000 - included in the asking price
- Relocatable:
- This business can be relocated.
