Retail - Miscellaneous Retail | Mfg. - Industrial & Comm. Machinery

$Seller Financing Available

Asking Price	$330,000	Inventory	170,000**
Gross Income	$605,000	Real Estate
Cash Flow	$60,000	Year Established	1953
FF&E	$35,000*	Employees	3

* included in the asking price

** not included in the asking price

Industrial Supply - Oilfield, Govt, Agriculture

Established in 1953, and family owned and operated since inception, this business is an institution in the Ventura County area. Very well respected within the community. The business provides a wide range of hoses, hydraulic fittings, compression fittings, custom made hoses and cables. An industrial supply house that has a large number of government and oilfield customers. A comprehensive parts inventory (added to the sales price), plus numerous hydraulic hose presses, and other critical tools are included in the sale. Don't be mislead by the age of the business though, the computer inventory control system is in place, tracks all inventory movement, cost of sales, reorder points, and is very easy to use, and accurate. A phenomenal opportunity for someone to benefit from the 50+ years of the family building and maintaining this very lucrative business. The owners are second generation, and are eager to retire. No succession plan within the family forces the business to be marketed for sale.

Facilities: Approximately 7,000 square foot Leased facility with easy freeway access and good visibility in trade area. Good lease, may be renegotiated for fresh five year, plus five year option. Rent is currently $3500 per month. All fixtures, tools and equipment needed are in place and in serviceable condition.

Competition: This business was established in 1953. It enjoys a strong market presence and has a strong image within the industry.

Growth/Expansion: There are many opportunities for related products and services to be added to the existing lines. Also additional markets could be opened with minimal marketing effort.

Seller Financing Available: Yes

Financing: Negotiable

Support/Training: Seller will consult for 2 months up to 80 hours per month, then as needed for the smoothest transition.

Reason Selling: Seller is retiring.