Profitable well-known distributor of industrial supplies. In business for over 50 years. This is an excellent value and priced to sell! Prime commercial location in East San Fernando Valley.
Seller Discretionary Earnings for Fiscal Year ending 3/31 was up 14%. The company has good books and records, and Income Tax Returns. Purchase price includes $120,000 of inventory at cost and FF&E $10,000. Experienced employees are in place. Owner will train for an extensive period to ensure a successful transition. This business can be relocated within current geographical area.
A well-earned reputation for customer service throughout Los Angeles and Orange counties for over 50 years. The company has a diversified, large, and loyal customer base with no significant concentration. Customers include industrial, commercial and institutional accounts, contractors, utility companies, municipalities, and amusement parks.
Consistently profitable and as the economy improves is positioned for continued growth with additional marketing efforts. One example would be the establishment of a website and E-commerce business.
This company is a traditional straight forward industrial distribution business model with close attention paid to its customers. Current owners have a strong sales background, and prospective buyers should have similar capabilities. The Seller is retiring. Sellers will consider seller finance for a qualified buyer, Please contact broker for further details at (310) 430-9626 to learn more about this profitable, established distribution business.