Industrial Equipment Wholesaler
Asking Price: | $1,300,000 |
Gross Revenue: | $4,300,000 |
Cash Flow: | $466,853 |
Real Estate: | $1,200,000 |
Established Reputation, Strong Customers, Experienced Staff, Unlimited Upside
Established, niche industrial equipment dealer. The company sells new and used equipment along with renting, servicing and providing parts for several of the premier equipment brands in the sector. The company has been in operation over 50 years and has a sterling reputation. The company’s customers are primarily industrial companies in a wide cross section of industries and range in size from fortune 500 companies to local industrial concerns, and the company’s products are critical to the operation of their client’s facilities. The company operates out of a 11,200 square foot facility in the Philadelphia Suburbs, and the bulk of the customer are within 200 miles of that location. The location is owned by the same group that owns the business and the location is centrally located with easy access to the areas Interstate highways, and the facility has room for growth. The company has a trained dedicated sales team covering three states, and long term relationships with key vendors. The operating staff are all well trained, and a middle management team is in place along with a strong group of 15 employees. The company owners have has been looking to slow down and have not been as aggressive as they once were. The owners see many growth opportunities and feel a more aggressive owner could drive sales capitalizing on those opportunities.