Established Material Handling and Industrial Equipment Supply Business

Columbus, OH (Franklin County)

Illustration Purpose Only

Asking Price:$630,000

Cash Flow:$252,000

Gross Revenue:$1,600,000

EBITDA:N/A

FF&E:$120,000

Inventory:$85,000*

Established:1997

*not included in asking price.

Established Material Handling and Industrial Equipment Supply Business

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Business Description

*We are currently putting this business on hold and suspending sale activities**

This business for sale is a true B2B opportunity. The business for sale will be ideal for individuals with previous executive with strong management background with direct P & L responsibility, strong organizational skills coupled with an understanding of business development.

There are 2 core business units with this well-established company, a warehouse and facilities management service and an industrial equipment dealership and distributorship operation.

A diverse client base provides the varied profit centers that the business enjoys. The company may be considered a coordinating the role of "vendor management" and "facilities management" for the companies and client it serves.

The sale of this business is highly confidential and release of the information will only be presented to financially and professionally qualified business buyers. This is not a leveraged buyout business sale so this is not a transaction where you come with little or no cash with the business purchase. The sale and transaction will require that you have a certain amount of financial liquidity and financial ability to at least put down a minimum of $120,000 to acquire the business.

There is no real estate involved in the sale and the lease may be assumed or transferred and such discussions will only be a concern once you and the seller have come to terms of the purchase.

If you are first time buyer, we will require that a buyer interview take place in order for us to determine your sophistication and qualification to acquire and operate a small business.

The business is located within the Central Ohio area and inside the 270 loop. Most of the clients are based in the same vicinity although a few maybe located outside Columbus but within a 100 mile area.

The business may be acquired via a Small Business Administration loan and hopefully you have an idea of your credit and your credit score to hopefully be beyond 680.

We pre-screen 1,200 to 1,400 business buyers annually and only about 5% qualify to buy and run a business thus the pre-screening questions and process we have to adhere to.

If you are a corporation or a representative of a corporation, we will require that you provide us with a corporate balance sheet to assure that your company's endeavor to acquire and fold this company to your operation is feasible. If you are a company, we may require that your provide us with an acquisition criteria in order to make sure that your acquisition pursuits are in line with the sale of the company.

Financials of the business are only provided to business buyers that we successfully pre-screen. We will provide you with an acquisition process workflow to help map out the next steps in inquiring about the business. A confidential business review will be provided to qualified business to further provide additional summary information about the business.

About Our company: International Resource Group, Inc has been around since 1997 (you can verify us through State of Ohio Secretary of State Website and through other due diligence means) and have consistently helped business buyers successfully acquire businesses. You can further verify our principals and validate professional background to give you comfort of mind that you will be working professionals and that your information as a business buyer will be guarded and in safe hands.

Detailed Information

Inventory:
Not included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates out of a combined office and warehouse location. It has ample space to allow for any fabrication and repair work.
Competition:
There are competitors in the market that are considered major and large players in the industry. The business capitalizes on its ability to be agile and flexible in meeting customer and client demands.
Growth & Expansion:
A more focused owner will see that the business has several opportunities of growth both vertically and horizontally.
Support & Training:
The business owner will provide negotiated terms for a smooth transition of ownership to the new owner. Long term support and assistance may be negotiated over an indefinite period of time. The seller understands that not everyone may have direct industry experience nor business ownership experience and will allow a certain amount of flexibility and support to assist the new owner.
Reason for Selling:
Relocation and other business interest

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Emmet Apolinario, C E P A

Business Listed By:
Emmet Apolinario, C E P A

Sunbelt International

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Memberships & Certifications:
Indicates membership in the Ohio Business Brokers Association (OBBA).

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