Distributor of Fasteners & Related Components

Mid West

Distributor of Fasteners & Related Components
Contact Seller

Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $2,800,000

EBITDA: $517,000

FF&E: N/A

Inventory: N/A

Established: N/A

Distributor of Fasteners & Related Components

Save Print Share Valuation Report

Business Description

The Company supplies hardware components that go directly to a manufacturer assembly line for making a final product. It has an average 3,000 SKUs, including approximately 800 items which are custom engineered and delivered on a contractual basis to manufacturing customers. These items, representing 85% of product sales, are mechanically engineered components such as adapters, bearings, couplings, specialized bolts and brackets, and other items, originally designed to spec, and incorporated into the customer supply chain. Other stocked products (15% of sales) include collars, flanges, grommets, screws, bolts, nuts, washers, pins, clamps, sleeves, sockets, rivets, and other industrial hardware.

The Company has very long-term customers in automotive (90% of 2018 revenue), aerospace (7%), and structural component markets (3%). It operates from a 20,000-square foot facility, comprising warehousing and corporate/administrative functions, and is currently staffed by four full-time employees.

Detailed Information

Competition:
* Tier I Supplier: The Company is an established supplier of "first article parts" to the largest of OEMs, including GM, Allied Transmissions, and others. * Annuitized Revenue Stream: Approximately 80% of the revenue base is contractual, in agreements where the Company works within the customer’s MRP system, and schedules product deliveries approximately six months forward.
Growth & Expansion:
Growth opportunities exist in leveraging the Company's product expertise to penetrate additional market channels in various manufacturing, government, and other industrial sectors.
Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Ryan Johnson

Business Listed By:
Ryan Johnson

Generational Equity, LLC

Show Phone Number

View My Listings


Sponsoring Broker:
Lisa Lippe

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1495375 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


ATC Healthcare Services

Franchise Opportunity In IN
Capital Required: $132,020