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Industrial Supply Company - Sale Pending

Southeastern MA, Massachusetts (Bristol County)

Wholesale/Dist. - Durable Goods

Asking Price $225,000 Inventory $105,000* 
Gross Income $378,299 Real Estate  
Cash Flow $64,111 Year Established N/A
FF&E $45,935* Employees N/A

* included in the asking price

** not included in the asking price

This company has been in business for over 100 years and has a reputation for excellent customer service, competitive pricing, superior product knowledge and same day delivery. Current Owner has operated the business for over 20 years. Sales have steadily increased over the years and are now at their all time high. The company maintains over 100 ongoing accounts and is well known in the industrial supply community. Their service reaches out in a 50 mile radius and is centrally located to major industrial communities. The company provides an onsite inventory and restocking service to their customers providing them with frequently used items so to reduce downtime. The business has a broad base of customers including municipalities, manufacturers, facilities maintenance companies, school systems, highway departments, automotive dealerships and garages. Products include fasteners, abrasives, cable, chain, rope, safety items, tubing, metal stock, adhesives, drive belting, cutting tools, jewelry manufacturing supplies, lubricants, sealants, sprayers and paints.

Facilities: 2,500 sq/ft in leased steel building, very neat and clean. Ample parking can be expanded to 5,000 sq/ft. Easy access to 2 interstate highways and 3 secondary state roads.

Competition: There are larger industrial supply companies in the area, however, the company provides excellent customer service and fast turnarounds on critical items.

Growth/Expansion: The growth and expansion potential is significant due to excellent name recognition. Known for customer service, same day delivery and very knowledgeable counter and sales staff. The primary growth would be accomplished through outside sales.

Support/Training: As needed for a smooth transition. Key employee wishes to stay on.

Reason Selling: Retirement

Business For Sale By

Rob Stephens

508-990-9800

Coastal Business Brokers

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