Seller's Contact Information

  • RE:  Acquisition Opportunity Wholesale Dist Of Fastener
  • Contact:  Aniss Cherkaoui

Quick Facts

Asking Price: $16,000,000
Annual Revenue: $18,897,445
Net Profit: Not Disclosed
Cash Flow: $3,160,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: 26
BBN Listing #: 9358630
Broker Reference #: 164136

Email or Print Listing

Business Overview:

This Southeast based company that distribute a range of hardware products, including hand tools, power tools, and fasteners is now offered for immediate sale. With large diverse inventory, vast vendor network, the company has enjoyed steady growth. Combined revenues for 2017 were $17 million with an adjusted EBITDA of $2.6 million. Revenue for 2018 is projected to reach $19 million and approximately 50% of that figure, or $9.4 million, has already been “sold” through June. An excellent acquisition for a strategic or synergistic buyer where economies of scale can be exploited.
The motivation for a sale is both to generate liquidity for the company’s shareholders as well as to better align the company with an organization that will enable it to reach the next level of success. Management is interested in exploring a transaction that maximizes shareholder value, while providing long-term growth opportunities for its senior executives.
New owners can grow the business significantly by expanding into neighboring states.
•Type of Transaction Asset Purchase and Sale or Stock Based on an Enterprise Value
•The Company operates out of one owned and one leased facilities. Available for lease or purchase.
•The company employs approximately 26 workers in the office, warehouse, and on the delivery
•Warehouses or offices 28,000

Please refer to listing number 164-136 and agent Aniss Cherkaoui when inquiring.

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.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

Here are some of the similar listings you can choose from

Asking Price: $599,900

Outdoor/Landscape Lighting & Water Feature Dist.

Not Disclosed, TN
Knox County

This business primarily provides premium outdoor lighting, water feature parts/products, and fun garden accents. Stocks professional grade low voltage landscape lighting products and water feature parts/supplies used by contractors and landscapers who are true craftsman and demand fixtures that complement their work and that will endure the outdoor world. Area wholesale distributor of high-quality low voltage outdoor and landscape lighting. Sells at retail to non-contractor customers, and wholesale to verified contractors in the greater Knoxville region of East Tennessee. Potential Buyers with an eye for design, or with landscape or construction experience, and/or with low voltage lighting experience is a plus. Seller bids on outdoor lighting projects after reviewing landscape drawings. Also receives phone or walk-in customers who wish to consult about their project and/or customers who may wish to buy lighting, water features, or various garden accents. Manager in place and likely to stay. Good potential to expand current operations. Reason for sale: Owner is moving out of state. Business Price: $149,900 Plus Inventory: $100,000 (current value) Real Estate: $350,000 (available) List price includes business, inventory, and real estate. Inventory would be calculated just before a deal is complete on this listing, with price adjustments accordingly.

Cash Flow Not Disclosed
Revenue $229,229

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

Asking Price: Not Disclosed

Global Wetsuit & Surf Brand - 100% Growth YOY

Not Disclosed, CA
Not disclosed

This niche action sports product company features a proprietary line of specialty products, including wetsuits, surfboards, and beach apparel. The company has experienced over 100% year-over-year revenue growth since 2018 across its wholesale, retail, and online sectors. This well-known brand is recognized as the go-to choice for value-driven and quality-minded consumers in the surf market. This globally recognized brand would provide a shortcut for action sports companies to add new products to their existing lineup or expand existing channels of revenue. This would be an ideal fit for a large retail outlet that would like to add an in-house product line to increase margins and revenue or a brand in a related industry that would like to enter the $3.97 billion billion surf market. The company has affiliations with professional athletes, and its products are recognized for their high-quality, good value, and on-point designs.Growth could be rapidly accelerated with an additional infusion of working capital to expand capacity. The current location is a 9,000 square foot leased retail/office space and a 9,000 square foot local off-site warehouse facility in California, but the warehouse facility could be relocated anywhere in the USA without affecting operations. The owner is planning to retire, though he would be willing to stay involved for a negotiable period of time as CEO until a suitable replacement has been found.This is an established business. This is not a new franchise or start-up opportunity. NEXT STEPS: If you’re interested in this business, please fill out the contact form, and we will email you an NDA to e-sign. Please look for an email with the subject "Morgan & Westfield - Global Wetsuit & Surf Brand - 100% Growth YOY”. You can access more information on this business after e-signing our NDA.

Cash Flow Not Disclosed
Revenue $3,049,825
$ Owner Financing Available

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

    Add Businesses and/or Franchises
    To Basket For Free Information

    This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.