Seller's Contact Information

  • RE:  Nationwide Machine Tools/Parts Distributor
  • Contact:  Jess Lawhead

Quick Facts

Asking Price: $990,000
Annual Revenue: $2,342,674
Net Profit: Not Disclosed
Cash Flow: $147,515
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1938
Employees: Not Disclosed
BBN Listing #: 914041635
Broker Reference #: 3953-185665

Email or Print Listing

Business Overview:

National machine tools and parts distribution company with a focus on lawn equipment servicing dealers who resale to general public or businesses. In addition, they service schools, colleges, correctional institutes and government agencies.

Consistent revenue track record. Company has delivered consistent and predictable results and is a great platform to build on.

Company offers an attractive product line of more than 25 categories of machine tools and parts.

Owners have grown business to service on a national level with consistent delivery of excellence to their customer base. The current platform is perfect for growth and ultimate transition to 100% e-commerce.

Rich history dating back to 1938 when the original owner began selling equipment parts out of his van. The current owner purchased the already successful business in 1992 and has grown it into the national platform it runs on today.

Current platform is perfect for growth and ultimate transition to 100% e-commerce.

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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 homebased business opportunity.
  • This is not a franchise resale opportunity

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Asking Price: $2,650,000

Logistics and Sourcing for Bulk Material

Not Disclosed, DE
Not disclosed

This business sources materials for infrastructure developments, utilities, roads, and bridges. They source materials from over 20 national manufacturers and vendors. They offer their services for municipal job sites where Prime Contractors are performing utility and bridge installations, including ductile/concrete pipe, precast storm drainage & utility structures, cast iron manholes, and inlet frames/covers. With the thought of a “recession” looming, This company will be growing, as the newly passed Infrastructure Bill will directly impact this company’s revenue and shield them from economic downfall. The team includes 1 VP, 1 Controller, 1 Estimator, and 1 Administrative Specialists. The current owner oversees the team, meeting with key employees when needed, and provides business development strategies. As a show of good faith and vested interest in the ongoing success of the company, the current owner is willing to hold a promissory note for up to 10% of the total price. He is also happy to stay on board for 1 year post close to ensure a smooth transition. New ownership can expect to step into a stable investment with three locations, including a primary location in Delaware and satellite locations in Georgia and Florida. After building this business and operating in this industry for 20 years, the current owner is ready for a change of pace and is interested in exploring the next chapter of his life. Priced at $2,650,000 this business has an established business operation and enough stability for a new owner to step in and continue operating the business as is. This opportunity also affords new owners enough flexibility to change things up and try out some new growth routes.

Cash Flow $731,745
Revenue $22,505,421
$ Owner Financing Available

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