Retail Fastener Company
Illinois
| Gross Revenue: | $1,340,000 |
| EBITDA: | $358,000 |
Listing ID: 2229579Listing provided by BizBuySell
BUSINESS DESCRIPTION
The Company is a leading provider of fasteners, drill bits, rivets, tools, and other general shop supplies to truck fleet operators and repair companies as well as truck and trailer manufacturers. In operation for 60 years, the Company has developed an intense knowledge and understanding of customer needs for its vast inventory of products.
The Company carries an inventory comprised of over 4,200 items, which can be viewed in a catalog on its website. The Company is an authorized dealer for a number of suppliers, including Milton Industries, Ajax Tools, Shaefer Machine, Alfa Tools, Cooper Power Tool, and Apex Tool Group.
DETAILED INFORMATION
Location
Illinois
Inventory
Not Included in asking price
Employees
4
Competition
Strong Client Relationships: The Company is proud of its strong ties to clients and its reputation for quality products and client service. Evidence of these relationships is shown in the 96% rate of repeat business. Their top five clients have been working with the Company from a minimum of 14 years to a high of 40 years.
Diverse Inventory: As a one-stop shop for all fastener needs and an inventory consisting of approximately 4,200 products, clients often find it convenient and more affordable to find an array of offerings under one roof.
Growth & Expansion
Online/E-Commerce Expansion: This Company currently generates all revenues through traditional phone, email, and order placement. Therefore, there is a huge opportunity to increase the revenue and EBITDA by adding the E-Commerce website and also selling through online channels such as Amazon and Ebay.
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