Industrial Automation/Control Comp. Wholesaler

Business Overview:

Established and highly profitable specialty industrial wholesaler providing specialized components to OEMs and distributors throughout the United States as well as to distributors in Canada, Europe, and Mexico. Ideal buyer would have someone on their team with an electrical or mechanical engineering background.

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Property Features and Assets:

The business is housed in a 2,410 SF office/warehouse suite in a business office/warehouse park.

Assets = $166,000

Market Competition and Expansion:

The Company competes against three substantially larger domestic suppliers with estimated revenues of approximately $70 million, $30 million and $20 million, respectively; each of which quotes lead times of one to eight weeks and charges extra for expediting. The Company ships stock items the same day at no expedite charge, and its published list prices run below those competitors on every comparable unit. In a market where a stopped machine is the customer's real cost, part availability, and quick response is one of the Company's notable advantages.

The business has strong potential for expansion through trade advertising, an expanded distributor network, a modernized website and active outbound selling. With an established customer base, stocked product and no manufacturing capacity constraint, a new owner can scale substantially on the existing foundation.

Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

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