Distributor And Fabricator Of Industrial Products – Priced To Sell
Asking Price: | $550,000 |
Gross Revenue: | $1,600,000 |
FF&E: | $380,000 |
Cash Flow: | $156,000 |
Inventory: | $460,000 |
• Aggressively Priced
• Strong customer and supplier relationships
• Reliable, stable supply chain
• Specialized niche business with unique capabilities
• Significant potential for growth
This 55 year-old business wholesales and distributes quality industrial products and provides value-added fabrication services. The business is predominantly B2B with over 1,100 repeat customers in a wide variety of industries, including aerospace, bioscience, telecom and IT, architecture, medical, OEM manufacturing, prototyping, laboratory sciences, food service, and more.
The business currently operates at a breakeven EBITDA level after paying a good salary and benefits to the Owner. There are numerous opportunities to increase sales and profits for a new owner. The price of the business is less than the inventory and asset value combination.
The combined office, warehouse, and shop space is conveniently located in a commercial district with easy access to main thoroughfares and highways, allowing easy access to the shop for roughly their customers. The 5-person staff is skilled and productive. All inventory, warehouse equipment, and fabrication equipment are included with the sale, making for a smooth transition of current operations.
Growth opportunities exist through expanding into online sales, increasing sales and marketing activities, and adding to the sales team. The owners is interested in retiring but will consider working in an advisory capacity for a few months to ensure a smooth transition.
The business is an excellent add-on opportunity to fold in additional industrial product lines for companies in machining, manufacturer’s repping, prototyping, or product development. It is also a great geographic add-on for those in the same field.
For individual acquirers, an industrial sales background would be desirable.