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Louisiana Business For Sale |
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| INDUSTRIAL SUPPLIES WHOLESALER FOR PETRO INDUSTRY |
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| Attn: Mickie Bernard |
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| Not Disclosed, LA, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Wholesale/Distribution: Durable Goods |
Year Established: |
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1996 |
| # of Employees: |
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6 |
| Yearly Revenues: |
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$3million |
| Yearly EBITDA: |
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$310,000 |
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Business for Sale Overview:
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Topping out at $3.315 million, 2007 revenues beat projections for this well-established and profitable wholesaler of pipe, tubing, valves and other industrial supplies. Represented by The March Group, LLC, this Company boasts a name and connections that open many doors in the difficult-to-crack Louisiana market. Business model focuses on providing quick turn-around to smaller contracts, thereby creating a niche market and garnering higher profit margins. Top-notch industry knowledge and a superior inventory management system allow for the delivery from stock of many items that would require special order if purchased elsewhere. Product categories as a percentage of 2007 sales include: pipe and pipe fittings (26.9%), stainless tubing (21.4%), valves (19.8%), instrument fittings (18.6%), and gauges and regulators (7.1%). 2007 sales grew an incredible 17.43% over the previous year’s results, up from already impressive gains of 4.53% between 2005 and 2006. As of year-end 2007, total assets at book value were approximately $896 thousand, with total liabilities of approximately $610 thousand. Founding principal would be willing to remain for an extended transition period, to ensure the transfer of enviable industry relationships. Excellent prospects for growth through entrance into neighboring markets.
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Property Features and Assets:
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The Company leases a 5,500 square feet office and warehouse space from the shareholder, in addition to 5,000 square feet of land for additional inventory storage. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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