Business For Sale

State of the Art Parts Distributor

Norfolk, VA
Norfolk City County

Eastern Virginia


Asking Price: Annual Revenue:
$1,950,000 $2,782,032

Wholesale/Distribution: Durable Goods


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RE: State of the Art Parts Distributor Broker: Roland Davis

Quick Facts

Asking Price: $1,950,000
Annual Revenue: $2,782,032
Net Profit: Not Disclosed
Cash Flow: $335,410
Total Debt: Not Disclosed
FF&E: $54,272
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 493650528
Broker Reference #: PartsDis

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Business Overview:

Location: Eastern Virginia

Well established OEM Power Tool Parts Distribution Company with an outstanding client base. The company’s sterling reputation combined with its long history in the marketplace has established it as one of
the premier firms in its niche.

The company offers over 400,000 parts from 50 vendors. Its state of the art digital inventory and web interface enable clients to quickly and accurately find the part needed. The business continues to advance in
the digital marketing world with premium positioning in SEO, video and social media platforms. The 400,000 plus customer base continues to look to the company as a key supplier of niche parts.

The Company continues to realize profitable growth. Its expertise is in high demand. Revenues are achieved with minimal inventory. The accurate inventory software capability enables the seller to maintain the parts of highest interest. Inventory turnover is 20 times per year.

For an existing distribution business, this is a great strategic acquisition opportunity to immediately purchase
a predominant established business to capitalize on its long term goodwill, reputation and client base. The
reason for sale is retirement.

Upon proper qualification of the potential acquirer, including the customary exchange of financial
information and confidentiality agreements, a detailed Confidential Prospectus will be provided. All
inquiries will be held in strictest confidence.

Purchase Price: $1,950,000
Gross Revenues: $2,782,032
SDCF: $335,410
FF&E: $ $54,272 (included in asking price)
Inventory: $75,000 (included in asking price)

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

Documents:

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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