Business for Sale Overview:
Longtime Wholesale Distributors of Construction Supplies/Industrial Supplies, Fasteners and Safety Equipment is available with a 42 year history and a great customer base. Due to the retirement plans and the health of the owner, this business is available for the right person to lead on for the next decades. The company possesses an envied reputation and has been a stealworth member of the business community as a family operation. In recent years, the sales have suffered from the owner's health problems and energy level. However, the company continues to be a viable operation and could easily be restored to its prior performance.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The company operates mainly out of a 12,000 square feet building, which is located on a main street with easy access to 2 Interstate Highways. It also rents approximately 6,000 square feet of the other 12,000 square feet building. The total rent for the buildings for the year 2007 was about $60,000. The average inventory on hand is around $700,000 and turns some 2 times per year.
Market Competition and Expansion:
The company is geared up to handle the potential growth without expansion of facilities or the hiring of more personnel. Increased efforts on the sales and marketing side of the business would produce the growth that a new owner would expect. The sales personnel could bring in more sales with additional training and motivation.
There are several competitors of this operation. However, none of them have the history or the long time reputation that the seller has. With a good call program and marketing/sales effort, the company would be able to restore business lost to competition and grow the business back to where it was and should be.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.