Fastener - Wholesale - Distribution - Same Owner 18 yrs

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Nuts & Bolts! Seller Can Train Buyer for Smooth Transition! Great Operation!
Asking Price:
$420,000

Gross Revenue:
$340,000
Cash Flow:
$90,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$150,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This business was established in 1994 as an industry leader in the fastener distribution business.

The current owner for 18 years and is now selling the business to retire.

Distributes Bolts, Screws, Nails, Sockets, Nuts, Rod/Stud, Washers, Anchors, Hex Cap products.

Approximately $150K worth of current inventory included in the purchase price.

5 days operation with short business hours 8am-4:30pm.

1 Full time employee.

Clean records and books.

Seller is willing to train the new owner.

Room to grow the business by adding sales/marketing persons and develop website for e-commerce.

About the Business

Location:
Los Angeles County, California
Year Established:
1994
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
3,072
Rent:
$2,737.00 Per Month
Lease Expiration:
6/30/2021
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About the Sale

Reason For Selling:
Retire

Listing Info

ID:
1653850
Ad Detail Views:
0

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Business Listed by

William Park

VR Business Brokers
License# 01995716

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