Seller's Contact Information

  • RE:  Long-time Successful Distributor
  • Contact:  David Heinz

Quick Facts

Asking Price: $789,401
Annual Revenue: $1,963,469
Net Profit: Not Disclosed
Cash Flow: $260,164
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1960
Employees: 2
BBN Listing #: 572159013
Broker Reference #: HBG23119

Email or Print Listing

Business Overview:

This long established business enjoys an excellent reputation. This is a second generation owned wholesale distribution business of screw and bolt products supplying customers throughout the Midwest and eastern half of the U.S. It is a well-established company with a strong reputation in the industry. They sell a wide variety of products. The business could easily be relocated and is a great add-on for someone already in the industry. Owner wishes to retire but available and willing to transition the business.

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Market Competition and Expansion:

The market has consolidated over the years in this industry. The owner says there are exceptional growth opportunities. He has kept it in a comfortable revenue range that was well-suited for him.

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity

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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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