Highly profitable welding supply company with significant opportunity to expand. The 73-year-old owner started the company almost 50 years ago and is ready to retire. The company has two employees: a clerk and a route salesperson.
This company "owns" welding supplies in its market. St. Lucie County is one of the fastest-growing areas in the state and country. Projects with over 2M square feet of industrial space recently completed or in development.
Very clean books on old fashioned systems. Great cash flow, great market, and hard assets with CRE included. Company would make a great tuck-in for an industrial supply company or an ideal platform for growth. Local market expansion is a given.
Other easy opportunities include product expansion and a very simple or logical market expansion.