NOT DISCLOSED, North Carolina
| Asking Price |
$1,100,000 |
Year Established |
1965 |
|
| Annual Revenue |
$4,267,649 |
Reason for Selling |
retirement |
|
| Annual P/L |
$0 |
Attention |
AJ Ramsey |
|
| Annual Cash Flow |
$349,015 |
Listing Number |
1009742 |
|
| # of Employees |
|
Business Category |
Services: Construction, Contractors |
|
Business Overview:
Long-tenured distributor of specialized products serving municipal water and wastewater systems across North Carolina, South Carolina, and parts of Virginia. The company provides water meters, service tap equipment, repair clamps, and other essential utility components to city and county governments and municipal utilities.
Sales are highly relationship-driven, supported by a seasoned team of representatives who maintain consistent, in-person engagement with customers across a broad territory—reinforcing strong retention and repeat business.
Investment Highlights
Exclusive supplier relationship for water meters
A lean and experienced team manages office administration, sales support, warehouse operations, and order fulfillment. Revenue is generated primarily through direct customer interaction, including regular on-site visits with municipalities and utility clients approximately every four weeks. Orders are typically fulfilled via purchase orders and supply agreements with local governments, providing dependable, repeatable demand tied to essential public infrastructure.
- Mission-critical products supporting ongoing maintenance and repair of essential water infrastructure
- Lean, efficient operating model with experienced staff and independent sales representatives
- Stable revenue base with consistent annual sales exceeding $4 million
- Recurring, relationship-based demand driven by municipal purchasing cycles and infrastructure needs
Property Features and Assets:
Market Competition and Expansion:
<p>Growth opportunities include:<br>• Expanding sales coverage to additional municipalities and utility systems across the Southeast<br>• Increasing geographic penetration in North Carolina, South Carolina, and emerging markets such as Georgia<br>• Hiring an additional sales representative to replace the owner’s current territory coverage<br>• Modernizing operational systems and software to improve efficiency and inventory visibility<br>• Expanding product offerings through existing supplier relationships<br>• Leveraging established municipal relationships to secure larger supply contracts<br></p><p><br></p><p>The business has built long-standing relationships with municipal customers and maintains established supplier partnerships that support consistent product availability and reliable service and provide a competitive advantage. The company’s relationship-driven sales approach and regional experience working with municipal utility systems provide a strong competitive position within its service territory.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity