Established distributor of component parts uses in machinery and construction equipment and a provider of design, maintenance, repair, and training services.
The business has been operating more than 30 years and has grown to become the leading distributor in the Midwest.
The primary owner and President of the company is seeking retirement. The company’s management will remain with the business post-closing and is well suited to grow the business as they expand within the Midwest.
The company serves as a product distributor of more than 38 vendors while providing comprehensive system design, maintenance, repair, and training services.
With total assets over $2M, the company operates from a modern facility equipped with specialized testing infrastructure for components and products. All equipment is in good, operational condition.
Revenue has increased from $4.6M in 2021 to $7.5M in 2024, representing a 63% increase over three years, while maintaining healthy gross margins and profitability.
With a skilled team of 8-10 employees, comprehensive vendor relationships, and a well-maintained operational infrastructure, the business offers a turnkey opportunity for a new owner to build upon its established market position and pursue new growth initiatives.
Ad#:2332886