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Industrial Supplier and Servicing Company

SC

Seller Financing Available
Industrial supply distributor for sale
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Asking Price: N/A

Cash Flow: $150,000

Gross Revenue: $3,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1986

Industrial Supplier and Servicing Company

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Business Description

The Hatteras Group is pleased to represent the owner of a well established Industrial Supply and Service company providing MRO and specialty products to manufacturers and contractors in the Carolinas and Georgia. Established over 30 years, the company provides both industrial and general purpose items and is well known for its ability to source hard to find parts. In addition, the company offers customized services for maintenance, plant, and office applications. Products include abrasives, fasteners, chemical products, pipe valves and fittings, pneumatic and hydraulic products, power tools, and safety products. The company operates on SAP B1 as their ERP.

This would make a great addition to a multi-unit operation or for an owner/operator. Seller is available to work through a reasonable transition period; key employees are expected to remain with new ownership.

Acquisition highlights include;

• 2017 Sales of $ 5.9 million with approx. EBITDA of $778k
• Sales after loss of 2 key accounts and right-sizing the business will be $3.0MM with $150k SDE approx.
• $160k inventory, at cost
• Facilities of 18k SF on 2.3 acres are available for lease or purchase.
• Staffing includes inside and outside sales; front office, and warehouse personnel.
• Asking Price has not been established, Seller is accepting reasonable offers from qualified parties.

Detailed Information

Real Estate:
Owned
Building SF:
18,000
Employees:
6
Financing:
note or earn out negotiable
Support & Training:
Sellers to train and support through a transition as needed.
Reason for Selling:
health / retirement
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(from currently available funds)
 
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Tondra Morley

Business Listed By:
Tondra Morley

The Hatteras Group

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Sponsoring Broker:
Alan Clark

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