Industrial Equipment & Supplies Distributor

Mid West

Industrial Equipment & Supplies Distributor
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $2,500,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Industrial Equipment & Supplies Distributor

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Business Description

The Company is an industrial equipment and supplies distributor for its geographic region. It offers products from over 300 categories that can be found on its website, including carbide cutting tools (65% of FYE April 2019 sales), rotary tools (6%), high-speed steel tooling (4%), work holding (4%), lubricants/coolants (3%), and diamond tooling (3%).

In FYE April 2019, the Company’s primary customers operated within numerous industries, such as job shops (45% of sales), tool and die shops (8%), medical/surgical (5%), plumbing and fixtures (3%), and electric equipment (3%). It has established strong relationships with its 323 active clients.

The Company operates from a 4,800-square foot facility, and is currently staffed by eight full-time employees.

Detailed Information

Competition:
* Superior Name and Reputation: The Company enjoys a long-standing (55+ years) reputation for quality products and superior customer support. It is well-known for its expertise on meeting customer’s general and specific needs. * Strong Client Relationships: The Company is proud of its strong ties to clients and reputation for quality work and client service. Evidence of these relationships is shown in the rate of repeat business of 90%, as well as the consistently-received referrals. Several key customers have been working with the Company for 30 or more years. * Employee Knowledge: The Company’s employees have taught numerous technical college classes, teaching students and customers how to apply various machining techniques. These classes include carbide failure analysis, carbide selection and application, and trichordal milling.
Growth & Expansion:
Several opportunities exist for the Company to significantly increase revenue and profit, including leveraging its proven reputation to pursue and penetrate new and existing markets. These opportunities are easily attainable given appropriate investments in capital and human resources.
Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Additional capital required to take the Company to the next level
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Ryan Johnson

Business Listed By:
Ryan Johnson

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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