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Businesses For Sale   >>   Accounting Businesses For Sale   

Retailer Of Commercial Fasteners And Hardware For Sale

Location  North Carolina,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1028215
Net Profit / Cash Flow  $217206
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1993
Number of Employees  4 - 5
Inventory  421226
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller will provide transition support.
Reason for Sale  Seller owns multiple businesses requiring attention.

Description  
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. Contact for more information on this business.


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