| Asking Price |
$445,000 | Inventory |
$395,000* |
|---|---|---|---|
| Gross Income |
$874,000 | Real Estate |
|
| Cash Flow |
$118,000 | Year Established | 1974 |
| FF&E |
$3,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
Long established distributor and supplier of hoses for all types of applications.Company also has massive inventory of engine and motor belts along with an extensive line of bearings.Fittings and Ferules are component of business as well. Company performs custom hose sizing for customers with unique requirements or lengths-e.g.hydraulic lines that break on tractors and bulldozers etc. Inventory in excess of 400 K included in asking price! Sales approximately 800 K/year.
Facilities: Large, deeply stocked warehouse with office on one floor.Operation specializes in the sale and distribution of all types of hoses-water,fuel,hydraulic as well as fittings,ferules,bearings and full line of belts.
Competition: Limited competition.These commercial hoses are specialized for fire trucks and fire hoses,all types of hydraulic hoses for machinery and many varieties of fuel hoses for tanker trucks and fueling stations etc.Business also selss bearings and ferrules for all the variety of hoses they stock.Large inventory and business in grommets,braided lines and belts of all types.Inventory alone nearly covers asking price.
Growth/Expansion: Huge as there is very limited competition.These specialized hoses and all the related lines and rubber components companies need are simlpy not available at Home Depot,Loews or local auto parts suppliers and plumbing suppliers..They are typically large and specilized and there fore have high margins and strong demand. Business is exclusively business to business, no retail.
Financing: Cash preferred/Financing if qualified
Support/Training: 4 weeks
Reason Selling: Sellers wish to retire

Carl Pallini
908-887-4959
Tri State Franchise Authority
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