Fastner Distributor
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $390223
Net Profit / Cash Flow $110000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 1 - 3
Inventory 157000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retirement.
Description This extremely profitable business just north of Houston, Texas, manufactures, distributes and resells special bolts, nuts, washers and hard-to-find exotic alloy fasteners. The ISO-registered company stands out from its competitors for its quality products, great service, wide selection and speedy delivery. All the materials are documented and traceable. With 12 years in the industry, the business enjoys an unprecedented number of repeat, loyal customers. A new owner could easily expand the already strong business by advertising more and updating the website.
The business is located in a 3,750-sq-ft metal building with a 1,200-sq-ft shed, a 960-sq-ft office trailer and an ''officer's residence.'' The residence is a 2,380-sq-ft mobile home with a garage and attached carport. The residence could be used as a rental property. A security gate surrounds the property. The buildings are located on 100 wooded acres on a country road in a peaceful, yet growing area. The city grew from about 36,800 people in 2000 to about 47,000 in 2005. The city is about 30 minutes north of Houston, with easy access to Bush Intercontinental Airport. Contact for more information on this Fastner Distributor business for sale.
The owner might be willing to stay on between six months and year after the business sale to facilitate a smooth transition.
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