Industrial Supply Distributor

CA

Industrial Supply Distributor
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Asking Price: $320,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1997

Industrial Supply Distributor

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Business Description

Low Capital Requirements

A rare opportunity to own a well-established industrial supply distributorship. The business has been in continuous operation under the current ownership since 1997. The business has a broad & stable customer base spanning federal and municipal government agencies, military, contractors and oil refineries. Customers have very strong credit ratings providing business with very stable cash flow The Company has long term, exclusive territory agreements with major domestic and international manufacturers for California, Nevada and Arizona. The business has low capital requirements and does not require a major investment in inventory as the majority of products are shipped directly to the customer from the manufacturers.
Taking over this business will mean enjoying exclusive product lines that are sole source to specific areas, representing unique and innovative European technology, and having purchase agreements that are already in place. The company has a proven formula for success which is evident in its 22 year history. As the existing owner is preparing for retirement, they are looking for an experienced business professional or organization interested in actively running a business and continuing to grow the business through territory and product expansion. An entrepreneur with a good solid business background will be successful without any prior knowledge of the industry or products as many of the suppliers support the business with technical training to the customers.

Possible Candidates would be:
An individual ready to make the move from corporate to entrepreneurial life. If you are ready to be your own boss but don’t want to start at the beginning, this business provides the opportunity for immediate income.
Someone with a background in running a distributorship or similar business who has been involved in all aspects of the business from sales and marketing to finance.
An existing company with a similar customer base looking for a bolt on acquisition to profitably expand revenue and customer base.
A veteran or minority that qualifies to take take advantage of the government small business set asides.

Support:
The current owner will work with the new ownership to enable a smooth transition across customers, vendors and employees.
Sales
Annual revenue is in excess of $1 million with potential for double digit annual growth.
Apply:
More detailed financials and due diligence will be made available to interested parties that are willing to complete a non-complete/non-disclosure statement and provide proof of financing to complete the transaction.
Please reply with a description of your relevant business background, the type and size business you are planning to acquire, and your source of financing. Please also describe what it is that interest you about this business.

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