Hydraulic Parts Distributor
| Asking Price: | Not Disclosed | Inventory: | $1,640,000 ++ |
| Gross Revenue: | $10,100,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $1,151,853 (comments below) | FF&E: | $700,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 Tax Return | |||
| Cash Flow Comments: 2008 SDCF | |||
This company is a leading distributor of hydraulic equipment, pumps, and supplies. Started in 1956 and purchased by the current owners in 1985, the business has grown consistently. They have established a reputation for quality and added value services, distinguishing our client as an outstanding distributor among the manufacturers it represents as well as the customers it serves. By capitalizing on the reputation that the company has built for quality service and engineering support, an acquirer will be able to take advantage of the growth potential that exists in this growing Hydraulic equipment market.
The majority of its sales are in the Eastern US. Opportunities to expand geographically exist. Implementing an e-commerce site has led to increased revenues and profits, as has obtaining ISO 9001 qualification. The current customer base consists of approximately 1500 OEM and MRO customers. Added sales capability focused on expansion and references from existing clients continues to expand business throughout the US and to some foreign countries.
The majority of its sales are in the Eastern US. Opportunities to expand geographically exist. Implementing an e-commerce site has led to increased revenues and profits, as has obtaining ISO 9001 qualification. The current customer base consists of approximately 1500 OEM and MRO customers. Added sales capability focused on expansion and references from existing clients continues to expand business throughout the US and to some foreign countries.
About the Business
Year Established:1956
Employees:27 full time -
Facilities:The company currently maintains three centrally located warehouse locations, a corporate office, and a retail location.
Market Outlook and Competition:Fluid power innovation is progressing rapidly and this company, with its broad and diverse customer base, is ready to capitalize on the application of these innovations across multiple industries. This company has competitive advantages due to its long term relationships with vendors and customers, its diverse product offerings, and a consultative approach.
About the Sale
Reason For Selling:Owners wish to retire.
Seller Financing:Seller financing to qualified Buyer.
KEYWORDS: wholesale, distribution, distributor, hydraulics, profitable, machinery, ISO 9001,pumps, supplies, fluid power, USA, foreign, OEM, MRO, e-commerce
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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