Industrial Supply Distributor Est 40+ years

Guilford County, NC

Seller Financing Available
Industrial Supply Distributor for Sale
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Asking Price: $2,490,000

Cash Flow: $458,000

Gross Revenue: $3,300,000

EBITDA: N/A

FF&E: $93,000

Inventory: $400,000

Real Estate: $700,000

Established: 1965

Industrial Supply Distributor Est 40+ years

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Business Description

Add On / Expansion Opportunity

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 experienced 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:
Guilford County, NC
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
17,000
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 locations
Financing:
Negotiable to a qualified buyer
Support & Training:
available
Reason for Selling:
Growth, Succession planing
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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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