With decades of continuously satisfied customers, this company has established itself on a national scale as being a top tier source for the products it sells within the specialty hardware vertical. The company operates its distribution from two separate locations, both within the United States. The main office is located at the Washington state facility. A Buyer could continue to grow this business organically, but it could easily be purchased as a strategic acquisition to bolt onto an existing platform. There is a strong staff in place and the Seller is ready to assist in a smooth transition. To learn more the about this scalable opportunity, please go to the following URL to complete and submit the required Non-Disclosure Agreement: https://soundbusinessbrokers.com/nondisclosure-agreement/. Charles Morningstar will be in contact with you upon receipt of your NDA.
- Asking Price:
- $2,995,000
- Sales Revenue:
- $4,291,697
- Cash Flow:
- $808,638
Property Information
- Real Estate:
-
Lease
- Location:
-
Multi-State Operation - Two separate locations.
- Premises Details:
-
The home office and warehouse are located in Washington state and occupies 11,430 square feet including the office space. The building is a standalone structure. The second warehouse is located in a different region of the United States and occupies 7,500 square feet in an industrial park.
Business Operation
- Expansion Potential:
-
Like most companies, this one has done a fine job marketing the business. That said, there is always room for improvement. In particular, this company could focus on a stronger online presence as well as cultivate strategic relationships to expand and grow sales.
- Competition / Market:
-
The hardware business is both competitive and a bit crowded. As a result, this company has dedicated itself to unparalleled customer service and customer experience. The service is always a real person, who promptly acknowledges the customer in a courteous manner. The primary objective is to fill the customer’s need in a manner that gets them what they need and makes them feel like they always want to come back.
- Reasons for selling:
-
Retiring.
- Trading hours:
-
Standard.
- Employees:
- 10
- Years established:
- 1997
Other Information
- Support & training:
-
Seller is willing to stay through a reasonable transition period, to be negotiated during due diligence.
- Financing available:
-
With substantial down, fully secured, personal guarantee, and Seller’s approval of buyer.
