Well-established wholesale distributors in eastern North Carolina — The company offers a broad range of industrial, commercial, and maintenance products to meet the operational needs of its diverse customer base with $4.2–$4.9 million in annual revenue with gross margins of 32–36%, well above the 22–27% industry benchmark. Two owned commercial properties are included in the sale, and the business carries no long-term debt.
- Asking Price:
- $2,150,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $4,228,804
- Cash Flow:
- $361,808
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
The company-owned commercial real estate provides ample space for administrative, warehousing, and operational functions and is included in the transaction. The properties will convey to the buyer free and clear of any lease obligations.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The owners have identified hiring a dedicated outside electrical salesperson as the top growth priority, alongside opportunities in digital ordering, account integration with key industrial customers, and AI-enabled inventory management — all low-capital initiatives building on existing infrastructure.
- Competition / Market:
-
No competing general line wholesale distributor operates in the Company's immediate trade area of over 100 miles. the nearest specialty competitors are 25–45 miles away. The industry (NAICS 423840) generated $118.8 billion in US revenue in 2026, growing at a 3.5% five-year CAGR, with low market concentration favoring regional operators.
- Reasons for selling:
-
Driven primarily by retirement planning.
- Trading hours:
-
Monday-Friday 8am-5pm
- Employees:
- 14 FT/5 PT
- Years established:
- 80
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $521K down.
- Furniture / Fixtures value:
- $100,000 - included in the asking price
- Inventory / Stock value:
- $1,528,000 - included in the asking price
