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Distributor - Industrial Fasteners - Threaded Products
Location: United States -> Texas
Industry: Business Services > Other Services




Business Summary

This businesses is located in northeast Texas and is a distributor of industrial products. They specialize in fasteners and threaded products. Customized items for customer’s specific needs. Knowledgeable and service-oriented staff for customers needs. Being situated in the heart of an industrial community, their location is ideal for this type of business. Some products they are an authorized dealer of include Infasco, Simpson Strong Tie, Brighton Best, and more. Despite the loss of a huge client in 2013, this company is on the fast rebound taking in many bids; they expect to see revenues back to normal as 2014 finishes. This company is now putting final touches on a stable customer base with over 200 active clients.

This industrial product company has been in business since 1999 with the current ownership. After years of hard work and dedication to building this business, the current owner has decided to retire. This Texas based business is a great opportunity to take a business that is already successful and build on that foundation to secure your future. This owner-operated business is managed in a hands-on fashion, giving the owner full control over the quality of products and the customer service provided. Out of their total revenue, 35% comes from bin services, 38% from OEM parts, 20% from other maintenance orders, and 7% from products they manufacture. With a great location and an established customer base, this is a great opportunity for an assertive new owner. Equipment and inventory included in the sale, more details available upon inquiry.

Asking $550,000.00. 99% repeat clientele. This business has 10,000 total sq ft of space. This includes a 1,000 sq ft shop area, 7,000 sq ft of storage, 1,600 sq ft of office space, and a 400 sq ft work area. The building has 30’ ceilings as well as pallet racks and shelving. There is a covered deck, drive in ramp, and an overhead crane. This property is owned with an option to buy.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,229,500
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $345,142
Seller Financing:  Yes

About The Business

Year Established:  2000
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Key employees will most likely stay after transition. The owner is available for a reasonable transitioning period.
Reason For Selling:  Approaching retirement.

Photos

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Distributor - Industrial Fasteners - Threaded Products Photo 1




Print Listing Id: 700227086
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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