Business Overview:
This company is a leading distributor of hydraulic equipment, pumps, and supplies. Started in 1956 and purchased by the current owners in 1985, the business has grown consistently. They have established a reputation for quality and added value services, distinguishing our client as an outstanding distributor among the manufacturers it represents as well as the customers it serves. By capitalizing on the reputation that the company has built for quality service and engineering support, an acquirer will be able to take advantage of the growth potential that exists in this growing Hydraulic equipment market.
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.
Property Features and Assets:
3 centrally located warehouses, a corporate office, and a retail location.
Market Competition and Expansion:
The majority of its sales are in the Eastern US. Opportunities to expand geographically exist. Implementing an e-commerce site has led to increased revenues and profits, as has obtaining ISO 9001 qualification. The current customer base consists of approximately 1500 OEM and MRO customers. Added sales capability focused on expansion and references from existing clients continues to expand business throughout the US and to some foreign countries. Fluid power innovation is progressing rapidly and this company, with its broad and diverse customer base, is ready to capitalize on the application of these innovations across multiple industries. This company has competitive advantages due to its long term relationships with vendors and customers, its diverse product offerings, and a consultative approach.
Reason for Selling:
Owners wish to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.