Wholesale Distribution/Manufacturing -Hazardous Lo

Not Disclosed, CA
Orange County

Orange County


Asking Price: Annual Revenue:
$2,595,000 $4,900,000

Wholesale/Distribution: Durable Goods


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RE: Wholesale Distribution/Manufacturing -Hazardous Lo Broker: Gregg Tobin
Owner Financing is Available!
SBA Pre-approved

Quick Facts

Asking Price: $2,595,000
Annual Revenue: $4,900,000
Net Profit: $589,000
Cash Flow: $589,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 6
BBN Listing #: 592220804
Broker Reference #: GBS # 444

Email or Print Listing

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Business Overview:

Gateway Business Sales (GBS) represents a very successful Wholesale Distribution Business has been providing industry-leading products, technical support, and application assistance to the hazardous location markets since 1996 under the original ownership group. The company product specialization includes; adaptors & reducers, cables glands, and cables, purge systems, explosionproof enclosures and …. more. The company operates under an ISO 9001 quality system.

Included with the acquisition is a Manufacturing entity that has also served the hazardous locations market and supplied leading distributors for use in both zone and division applications. The Company manufactures a range of thread conversion adaptors, reducers, stopping plugs, and breather drains available for use in industrial, marine, and explosive atmosphere that are particularly suited to construction project applications installed.

This is a unique opportunity to acquire synergistic companies in the same industry that also operate from the same location. Both companies have an established track record and brand presence and possesses a favorable reputation for performance within its industries. The business is operated completely absentee but the Company’s skilled and loyal employees possess in-depth industry experience and extensive expertise in their respective specific disciplines.

Income & Adjusted EBITDA:
The Sales in 2021 were $4.9 mm and adjusted EBITDA $589k which reflects both entities. Sales from January-May 2022 were $2.141mm and adjusted EBITDA $254,000.

Investment:
The price is $2,595,000. Parties interested in pursuing this transaction will be required to submit a non-binding proposal detailing the preliminary valuation of the Company and suggested transaction structure. The Seller will entertain offers from a variety of suitors and is seeking a tax-efficient transaction that involves the maximum amount of cash at close and the minimum amount of post-transaction risk.

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Property Features and Assets:

The Companies operate from two adjacent office/shop suites totaling 5,250 square feet. The location features easy ingress and egress from the main thoroughfare, plentiful parking, modern amenities, as well as convenient access to a major freeway Total rent and CAM for the property, paid to an unrelated party was approximately $74,600 in 2021, which is the market rate. The Company has occupied both suites of the location since 2018 and the current lease will expire in October 2023.

Market Competition and Expansion:

The Company offers a stable cash flow base to a Strategic, Synergistic, Entrepreneurial or Investor/Private Equity Group seeking income/add-on or an acquisition platform.

Reason for Selling:

Retire

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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