Seller's Contact Information
- RE: Well-Established Specialty Fasteners Distributo...
- Contact: Sunbelt
Quick Facts
Asking Price: | $480,000 | |
Annual Revenue: | $571,143 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $175,481 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1986 | |
Employees: | 2 | |
BBN Listing #: | 826564538 | |
Broker Reference #: | MINNEMN003-52733 |
Business Overview:
This business started in 1986 and has built a solid Fortune 500 customer base with consistent repeat business. 2021 Sales were $696,814 with $261,405 in cash flow. Great owner operator opportunity.?Fastener distributor providing specialty products at high margins.?Supply standard, semi-standard and (mostly) non-standard products.?Deal only with big companies with 12 to 14 active accounts monthly.?These companies are not open to new vendors to supply these highly specialized fastener products.?Do not have a website as they add new customers organically through referrals and engineers.?Rent a warehouse where they receive and ship the fasteners.?One employee besides the owner who both work F/T in the business. ?Sunbelt Listing ID: 52733
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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