Well-Established Fastener Business with RE

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$6,800,000 $6,323,865

Wholesale/Distribution: Durable Goods

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RE: Well-Established Fastener Business with RE Broker: Carmen Hanna

Quick Facts

Asking Price: $6,800,000
Annual Revenue: $6,323,865
Net Profit: Not Disclosed
Cash Flow: $740,660
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 559344107
Broker Reference #: 76931-469734

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Business Overview:

An opportunity to acquire an established fastener business located in the Greater Houston Area. Expanding since 1964, the business now occupies five buildings spanning two city blocks, totaling 129,000 square feet (82,000 Impr. Square Feet) and has approximately 45 full-time employees.

The business serves a customer base of approximately 2000 in Texas and surrounding states and sells to manufacturers, builders, industrial users, and construction contractors.

During the pandemic the business saw a decrease in sales, but in 2021, sales rebounded and saw a 19% increase to $6.3 million, with Seller’s Discretionary Earnings reaching $384,000. The asking price includes $1,700,000 for the business and $5,100,000 for the real estate.

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Reason for Selling:


Additional Details:

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

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