SBA Pre-Qualified Industrial Equipment Distributor

Glen Allen, VA
Henrico County


Asking Price: Annual Revenue:
$487,000 $1,376,817

Wholesale/Distribution: Durable Goods


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RE: SBA Pre-Qualified Industrial Equipment Distributor Broker: Seller of Business

Quick Facts

Asking Price: $487,000
Annual Revenue: $1,376,817
Net Profit: Not Disclosed
Cash Flow: $238,282
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1986
Employees: 6
BBN Listing #: 976043891
Broker Reference #: 9525-652798

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Business Overview:

SBA Pre-Qualified for 90% of the asking price plus working capital!

- The sale Price of $487,000 includes approx $138,000 sellable inventory.
- SBA Loan = $438,300 + Working Capital
- Buyer Cash Injection = $48,700

30+ Years Old Industrial Distributor and Supplier of Valves, Fittings, Pipe, Pumps, Coatings, Piping Components products serving in Virginia. The company has built a great industry reputation and enjoys an established customer base. This is an excellent opportunity for a multi-branch distributor of similar products wishing to expand into the Virginia area marketplace.
• 30+ years of developing industrial base repeat customers.
• Exclusive sales rights in Virginia for multiple product lines.
• The only distributor in Virginia for multiple other product lines.
• Market base includes: Chemical Plants, Pulp & Paper Mills, Waste Water, and Water Treatment Facilities, Food & Beverage Industries, Navy and Marine base, Power & Semi-Conductor sector, Pharmaceutical Plants

Buyer profile and NDA required for confidential details.

The seller is willing to support the buyer for an extended period of time.

2021 Sale: $1,376817.00 (Projected)
2021 Profit: $238,282.00 (Projected)

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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.

Relevant Links:

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