Industrial Supply and Repair Service Business

Richmond, VA
Henrico County

Asking Price: Annual Revenue:
$290,000 $612,000

Services: Non-classifiable

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RE: Industrial Supply and Repair Service Business Broker: Kent Adams

Quick Facts

Asking Price: $290,000
Annual Revenue: $612,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 839843891
Broker Reference #: 9525-250388

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Business Overview:

The 2015 year established Industrial Supply and Service Company that offers over-the-counter service as well as on-site service to customers involved in construction, demolition, transportation, waste, recycling, manufacturing, energy, infrastructure, defense, and much more.

This is a company and brand with an excellent reputation for providing money-saving solutions and rapid customer service to industries that suffer from extremely costly equipment downtime. This company is recognized as the leader in their industry and their services are in high demand. The business already has a solid database of repeat customers; however, there remains plenty of opportunities to add more new customers in the region. There is also an opportunity to sell more to existing customers. There remains a huge opportunity to substantially grow this business as others have done within this network.

The business operates from a facility located in a desirable industrial area of Richmond (near Scott’s addition) providing easy access and coverage to all of Richmond and the surrounding area. Both the facility and the vehicles are well maintained providing a desirable, professional, and safe environment for the owner, employees, and customers.

The business includes a $50,000 protected franchise territory. This business is listed on the SBA Directory meaning it is well-positioned to qualify for an SBA guaranteed loan. Other options for finance might include 401K rollover or even a combination of both. The owner operates a financial and inventory-based software that ensures the books are accurate so lenders will have no problem understanding the financials.

**Franchise Territories: $50,000 (one protected territory included in asking price)**

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Market Competition and Expansion:

This business has built a solid base over the years and while there is some limited competition in the area, they are a market leader. No other company in Central Virginia is offering this type of on-site service. The combination of counter and on-site service wrapped up in a franchise is a completely unique, one-of-a-kind, business model that sets them apart from any of the competition. This franchise company is the world leader in the service they provide, and they have the statistics and accolades to substantiate this claim. The current owner can easily and clearly articulate the substantial growth opportunities that are available to a new owner who wants to take this business to a whole new level. The most obvious being the ability to add additional mobile service vans. With focus and drive this business could quickly be grown in terms of gross sales by the right new owner which would of course make the business even more profitable. There is an opportunity to add more new customers as well as opportunities to sell more to existing customers.

Reason for Selling:

Other business interests.

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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