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Distributor of OEM & MRO Industrial Parts & Kits
Business Description
Very Successful Distributor of OEM & MRO Industrial Parts
The company is a Distributor of OEM & MRO Industrial Parts & Kits. The company's customers are wholesalers located in multi-state geographic area.
The EBIDTA/SDE of $497,977 for the year 2024 was calculated based on the Buyer operating the business as "Owner/Operator). For the year 2024 the Officer Salary of $108,080 is included in the EBIDTA/SDE.
The company's inventory consists of over 25,000 different parts that the company purchases from 2,474 vendors many of which have warehouses in the Chicago area for quick pick up or shipment. . The total number of pieces currently in stock is approximately 10 million pieces.
The company assembles kits per customers specifications. The company currently assembles kits ranging from 5 items to kits that have over 100 different items. The parts in the kits range from hose assemblies that the company makes and tests, funnels, fasteners, made to order brackets, filters, knobs, and other items that are customer specific.
Hose assembly manufacturing such as air, hydraulic, water, tar, welding, food handling and chemical hose assemblies in the company’s warehouse.
The company sells to a wide range of businesses including medical, food, chemical, metal working and tool & die shops to name just a few.
The company also offers custom design and engineering help. The company works with Engineers to develop new products so that the company can provide the best solutions possible. The company also re-engineers their customer’s parts to make them more functional and cost competitive.
Product and Service Information
Approximately 60% of the company's revenue are parts sold OEM customers and the of the sales is MRO and VMI accounts.
The following is an approximate percentage of items sold by the company:
30% hose and fittings
12% parts are coated, include a combination of s/s coating and galvanizing compound
10% cutting tools
20% fasteners
20% rubber parts
5% miscellaneous
Real Estate is available for sale for $1,987,000. The building is comprised of 39,740 square feet.
The EBIDTA/SDE of $497,977 for the year 2024 was calculated based on the Buyer operating the business as "Owner/Operator). For the year 2024 the Officer Salary of $108,080 is included in the EBIDTA/SDE.
The company's inventory consists of over 25,000 different parts that the company purchases from 2,474 vendors many of which have warehouses in the Chicago area for quick pick up or shipment. . The total number of pieces currently in stock is approximately 10 million pieces.
The company assembles kits per customers specifications. The company currently assembles kits ranging from 5 items to kits that have over 100 different items. The parts in the kits range from hose assemblies that the company makes and tests, funnels, fasteners, made to order brackets, filters, knobs, and other items that are customer specific.
Hose assembly manufacturing such as air, hydraulic, water, tar, welding, food handling and chemical hose assemblies in the company’s warehouse.
The company sells to a wide range of businesses including medical, food, chemical, metal working and tool & die shops to name just a few.
The company also offers custom design and engineering help. The company works with Engineers to develop new products so that the company can provide the best solutions possible. The company also re-engineers their customer’s parts to make them more functional and cost competitive.
Product and Service Information
Approximately 60% of the company's revenue are parts sold OEM customers and the of the sales is MRO and VMI accounts.
The following is an approximate percentage of items sold by the company:
30% hose and fittings
12% parts are coated, include a combination of s/s coating and galvanizing compound
10% cutting tools
20% fasteners
20% rubber parts
5% miscellaneous
Real Estate is available for sale for $1,987,000. The building is comprised of 39,740 square feet.
About the Business
- Years in Operation
- 63
- Employees
- 7
- Facilities & Assets
- Industrial Building (39,740 sq/ft)which holds hundreds of racks (15 feet tall)that hold over 25,000 thousand of parts.
- Market Outlook / Competition
- Current market conditions are strong.
- Opportunities for Growth
- A eCommerce Store can be set up to increase sales.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 39,740
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Support and Training available for up to one year.
Listing Info
- ID
- 2288825
- Listing Views
- 9445
Listing ID: 2288825 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. See our full Terms of Use. Learn how to avoid scams.
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