This established and profitable business provides fasteners, abrasives, adhesives, chemicals and safety supplies to manufacturers, mechanical and electrical trades and contractors.
The company has a high sales to employee ratio and has implemented a state of the art inventory, accounting and customer relationship management system. Retail cost $60,000.
The operations manager has been with the company for 15 years. All other employees have been with the company at least one year.
This is a turn key opportunity with upside potential in a geographic market with relatively little competition. $280,000 of excess inventory not built into the asking price is an added bonus.
Bought by current owners from founder who was of retirement age. Initially a small walk in retailer of fasteners has developed into a true industrial distributor selling to manufacturers, mechanical and electrical trades and contractors. The business has also added abrasives, adhesives, chemicals and safety supplies to its product offerings.
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