Industrial Supplies, Est 20+ years, SBA Loan Pre-Approved

Greensboro, NC (Guilford County)

Seller Financing Available
MRO Supply Company for Sale
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Asking Price: $1,790,000

Cash Flow: $390,000

Gross Revenue: $3,300,000

EBITDA: $390,000

FF&E: $100,000

Inventory: $400,000

Established: N/A

Industrial Supplies, Est 20+ years, SBA Loan Pre-Approved

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Business Description

The Hatteras Group is excited to represent an Industrial Supply Distributor with a 50+ year history for sale. The current owner sees the need to merge with a larger company in the industry or an expereinced owner/operator to help grow the business. The core products include tools & shop supplies, power transmission, adhesives & fasteners, safety supplies and general MRO products. Two locations service OEM accounts, manufacturers, contractors, etc... Direct accounts with several key vendors offer cost advantages that could benefit others in the industry. Their experienced staff is in place and ready to grow. The current owner is available and willing to remain with new owner if needed.

Detailed Information

Location:
Greensboro, NC
Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for a qualified buyer
Reason for Selling:
Growth
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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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