Industrial Automation Control & Used Equipment Reseller

Bardstown, KY (Nelson County) (Relocatable)

Complete Robotics Systems

Asking Price:$925,000

Cash Flow:N/A

Gross Revenue:$735,000

EBITDA:N/A

FF&E:$61,000

Inventory:$200,000

Real Estate:$250,000

Established:2008

Industrial Automation Control & Used Equipment Reseller

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Business Description

Profitable & Growing with Large Inventory & Customer Base

We are an Industrial Automation Control & Used Process Equipment Reseller. This is a one owner business established in 2008. We have been profitable since the first day and have grown rapidly over the years. Our business is unique in that we are not limited by fixed product lines, and sales jurisdictions. We have a brick and mortar store, but we can easily be relocated anywhere in the U.S. We have a good local customer base, but 90% of our sales come from out of state and overseas. This is not a drop ship business. Our customers are primarily manufacturing, and small businesses of every shape and size. Our business model has proven itself over the years, and the risk is low.

With my contacts, inventory is plentiful. We typically average a 400% profit on everything we sell. We have over $200,000 worth of inventory cataloged in stock with a value over $800,000. We own our building and it can be sold with the business, or if the buyer wants to relocate the business, it can be sold without the building. Our property is zoned Commercial/Industrial. All the equipment necessary to operate the business is included in the asking price along with the building.

We operate with 3 employees including myself. We average over $54,000.00 a month in sales over the last two years. In 2012 we averaged over $81,000.00 a month in sales. I expect if the business relocates, there may be a temporary decline in sales due fewer new products being added during the move and new location setup.

The most difficult part of the business for me, has been keeping up with the constantly changing search methods and SEO practices of selling online. I have chosen to maintain much of the website design and SEO myself. In 2013 we experienced a sudden drop in sales overnight. I soon found out that several search engines, and sales channels we use had all made significant algorithm changes. In addition to the algorithm changes, one of our sales channels had a technical issue that reset all our keywords to a default setting. It took almost 1 1/2 years to get back to our normal sales, and to fully understand what had happened to cause our problem. Despite that setback, we still made a profit, and today are on our way to having the second most profitable year since we have been in business.

I love this business, my only reason for selling is due to a life altering medical condition concerning my wife that happened earlier this year. I will still be able to help train anyone interested, and I may even be interested in continuing as a part time employee of this company.

In closing, if you are looking for an opportunity to take an already successful business, and grow it even more, this would be a great place to start. I would also like to add that this business would be ideal for several like minded partners to join in. If you have a group with IT, Mechanical, Management, and Engineering experience, you could take this business off the charts!!! If you own commercial property and have lots of square footage open for storage, this would also be a great opportunity.

Feel free to contact me at 502-510-6781 Monday - Friday 8:30 a.m. - 6:30 p.m. with any questions or to arrange a meeting. We will require a signed non-disclosure contract prior to disclosing any financial information, and before showing the business. We will also require a bank letter confirming your ability to purchase this business should an agreement be made.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
7000 Sq. Ft. Steel Insulated Building with Gas Heat and A/C Zoned Commercial/Industrial on a 0.49 Acre Lot with parking in the front and a storage lot in the rear with a new privacy fence. 2006 Dodge Ram 3500 Dual Wheel 4x4 2015 PJ 35' Gooseneck Trailer Dual Tandem Axles 22,000 GWVR. Caterpillar 6000 Lb. Capacity Forklift Pneumatic Tire LP Gas Over $200,000 in inventory with a value of over $800,000 Shelving, Computers, Desks, too many tools and equipment to list. In all we have over $510,000 in fixed assets.
Competition:
Another positive aspect of our business is that competition is very limited, and in many cases our competition is also our customer. This is not a cutthroat business environment, and our market is not driven by seasons, fads, or trends. We are not limited by jurisdictions, or locked into sales quotas. Because we sell so many different types of products, our market is not constrained to a small group of customers.
Growth & Expansion:
The room for growth is unlimited. That is probably said by every person selling their business, but in this case I believe you will see it is true. I believe the next step to growth will require more investment in our website, and development to automate more of our processes. This investment could cost up to $85,000 depending on how big you plan to grow the business.
Support & Training:
I would be willing to work 4 days a week for at least six months or longer for my current salary. The new owner would be given all business contacts, mailing lists, and past sales history. If the business is relocated I would be limited to three days a week with my current salary plus travel expenses, for a length of time not to exceed 3 months.
Reason for Selling:
Family Medical Emergency Involving Long Term Care
Business Website:
http://industrialpartsrus.com

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Business Listed By:
Scott Kennedy

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