Industrial Equipment Sales & Distribution - $1,650,000
| Asking Price: | $1,650,000 |
| Gross Revenue: | $2,600,000 |
| Rent: | $85,000/Year |
| Established Year: | 1980 |
| Cash Flow: | $247,000 |
| Inventory: | $225,000 |
| FF&E: | $46,000 |
Listing ID: 2295452Listing provided by BizBuySell
BUSINESS DESCRIPTION
Founded over 43 years ago, this unique industrial supply company is solid and stable. Offerings include Racking, Shelving, Office/Clerical Equipment, Lockers for Schools, Athletics, Factories and Medical Facilities, Partitions, Freight Dock and Material Handling Equipment, Storage Systems and hundreds of other new and used products and materials for sale and installation, as well as Facility Design/Layout Services. The last 4 years’ average revenue is $2.6M, with $247K in seller’s discretionary cashflow in 2023 and projected even higher this year. The listing includes approximately $225,000 in inventory and over $46K in FFE. The company boasts an extensive repeat customer base and stable warehouse and installation workforce.
DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
17,000
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seller owns the building, 17,000 square feet of warehouse and office space. Located in light industrial area with close access to interstate.
Competition
Several competitors offer some of the same or similar products, but none has the full range of offerings of this business.
Growth & Expansion
Increasing sales representatives will boost sales revenue.
Financing
Partial seller financing will be considered for well-qualified buyer.
Support & Training
Full support and training will be provided by seller.
Reason for Selling
Retirement
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