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Business For Sale

Industrial Fasteners Wholesaler, Inventory Incl...

Richmond, VA

Wholesale/Distribution: Durable Goods

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$215,000
$131,000
Not Disclosed
$49,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1988
2
868529643
Owner Financing is Available!

Business Overview:

Wholesale Sales & Delivery of Industrial Fasteners: nuts and bolts (all types and sizes, metric and standard), electrical fasteners and connectors, specialty automotive fasteners, fasteners for hydraulic and compressed air devices. No retail - sells directly to the end user. Customers consist of quarries, trucking companies, asphalt plants, heavy equipment contractors, state and local governments and manufacturers. Business to business sales and service. A very simple business where increasing sales is simply a function of developing relationships with new customers and proving quality service. Strong customer base now; lots of room to grow. Very high gross profit margin. Motivated seller wants to retire! The business operates in attractive and functional rental space in an established industrial/commercial park, suburnan area, Central Virginia The space consists of 1,692 square feet - 1,560 square feet used for inventory storage, and 132 square feet of office space. Rent is $1,000 a month, just $7 per square foot. Accommodating landlord no problem anticipated assigning the lease to a new owner. Or, the business can easily be relocated to any facility that is convenient for service and delivery to customers. Present owner is operating the business on a part-time basis, about 2 1/2 days a week. Increasing sales, and profits, is simply a function of agressively marketing and sales.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

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.

Resources: