Seller's Contact Information

  • RE:  Casters And Material Handling Distributor
  • Contact:  Roberta Caputo

Quick Facts

Asking Price: $2,800,000
Annual Revenue: $2,455,530
Net Profit: Not Disclosed
Cash Flow: $578,042
Total Debt: Not Disclosed
FF&E: $199,969
Real Estate: Not Disclosed
Year Established: 1964
Employees: 6
BBN Listing #: 943544
Broker Reference #: 3878

Email or Print Listing

Business Overview:

This Company has over 60 years of experience in material handling equipment and its associated applications. They are the industry’s leading and trusted in-stock source of quality casters, wheels, and material handling equipment (hand trucks, rollers, lifts, etc.). They assemble and distribute all varieties of casters, drum wheel trucks, rolling steel ladders with safety brakes, industrial hand trucks, drum handling equipment for docks, freights and warehouses, office chairs and other furniture casters, dollies, pallet jacks, platform rollers, drum rollers, etc. Their expertise allows them to recommend, design and supervise the fabrication of equipment, solving any mobility dilemma the customers may face. And since the client base is loyal for over 60 years, the company appears poised to have a stable income for the foreseeable future. By hiring a manager, It is possible for the company to be turn-key, while still maintaining robust profitability.

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Property Features and Assets:

Industrial Warehouse

Market Competition and Expansion:

The company is one of only two Florida distributors for the largest castor manufacturer in the United States (with exclusive rights to South Florida) and is a preferred distributor for the other major castor companies. The Company serves all businesses that use wheels; for example, cruise lines, hospitality, kitchens, supermarkets, factories, janitorial, marine, medical, retail, automotive, aerospace, pharmaceutical, furniture, machinery, etc., and is expanding into aircraft ground support. It is the only consequential casters distributor in south Florida.

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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This business primarily provides premium outdoor lighting, water feature parts/products, and fun garden accents. Stocks professional grade low voltage landscape lighting products and water feature parts/supplies used by contractors and landscapers who are true craftsman and demand fixtures that complement their work and that will endure the outdoor world. Area wholesale distributor of high-quality low voltage outdoor and landscape lighting. Sells at retail to non-contractor customers, and wholesale to verified contractors in the greater Knoxville region of East Tennessee. Potential Buyers with an eye for design, or with landscape or construction experience, and/or with low voltage lighting experience is a plus. Seller bids on outdoor lighting projects after reviewing landscape drawings. Also receives phone or walk-in customers who wish to consult about their project and/or customers who may wish to buy lighting, water features, or various garden accents. Manager in place and likely to stay. Good potential to expand current operations. Reason for sale: Owner is moving out of state. Business Price: $149,900 Plus Inventory: $100,000 (current value) Real Estate: $350,000 (available) List price includes business, inventory, and real estate. Inventory would be calculated just before a deal is complete on this listing, with price adjustments accordingly.

Cash Flow Not Disclosed
Revenue $229,229

Asking Price: $2,650,000

Logistics and Sourcing for Bulk Material

Not Disclosed, DE
Not disclosed

This business sources materials for infrastructure developments, utilities, roads, and bridges. They source materials from over 20 national manufacturers and vendors. They offer their services for municipal job sites where Prime Contractors are performing utility and bridge installations, including ductile/concrete pipe, precast storm drainage & utility structures, cast iron manholes, and inlet frames/covers. With the thought of a “recession” looming, This company will be growing, as the newly passed Infrastructure Bill will directly impact this company’s revenue and shield them from economic downfall. The team includes 1 VP, 1 Controller, 1 Estimator, and 1 Administrative Specialists. The current owner oversees the team, meeting with key employees when needed, and provides business development strategies. As a show of good faith and vested interest in the ongoing success of the company, the current owner is willing to hold a promissory note for up to 10% of the total price. He is also happy to stay on board for 1 year post close to ensure a smooth transition. New ownership can expect to step into a stable investment with three locations, including a primary location in Delaware and satellite locations in Georgia and Florida. After building this business and operating in this industry for 20 years, the current owner is ready for a change of pace and is interested in exploring the next chapter of his life. Priced at $2,650,000 this business has an established business operation and enough stability for a new owner to step in and continue operating the business as is. This opportunity also affords new owners enough flexibility to change things up and try out some new growth routes.

Cash Flow $731,745
Revenue $22,505,421
$ Owner Financing Available

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