Business Overview:
The company is an approved distributor of fasteners for Military and Aerospace products in addition to the general industry such as marine, commercial, Industrial, electro-mechanical, and electronics hardware.
The company is ISO 9001 certified. The products are traceable and are Mil-spec approved.
Although the company has some stock inventory, most of the distribution is done through just-in-time delivery.
With more than 30 years in operation, with the majority of the years at the same location in Orange County, the company is a well-known name among customers in the fasteners distribution industry.
The owner is selling the business to retire and is willing to stay during a transition period to train a new buyer. The owner primarily works on the business, performs some sales, and manages the quality system awareness and preparation for the ISO 9001 audits.
The company has 1 Part Time and 4 Full Time employees.
The asking price includes $84,000 of inventory that is tracked through inventory management software. The excess inventory is $225,000, which is additive to the purchase price.
For additional information, please contact Matt Manavi.
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Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is 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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