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 |
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.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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
Relevant Links:
Here are some of the similar listings you can choose from