Industrial Manufacturers Representative Firm
Business Description
This company is a leading B2B provider of specialized industrial equipment, parts and engineered systems to major manufacturing concerns across Oklahoma, Arkansas and parts of Texas. Products are sold to numerous industries including mining, food manufacturing, packaging, plastics, building materials, medical, glass, oil and gas production, animal feed, and automotive.
Highlights:
• 67 year history of consistent financial performance
• High-quality customer base with significant recurring purchases
• Market leading product lines with protected territories
• Minimal working capital requirement
• Scalable with significant growth potential
• Selling price includes $200,000 in receivables for cash flow
Highlights:
• 67 year history of consistent financial performance
• High-quality customer base with significant recurring purchases
• Market leading product lines with protected territories
• Minimal working capital requirement
• Scalable with significant growth potential
• Selling price includes $200,000 in receivables for cash flow
About the Business
- Years in Operation
- 67
- Employees
- 3 (2 Full-time, 1 Contractor)
- Facilities & Assets
- Business will come with $200,000 in receivables included in price for cash flow for new owner. Other amounts negotiable.
Building is office/warehouse and owned by seller and leased back to company. It can be purchased and mortgage possibly assumed. Building has room for growth or second tenant for additional revenue.
Business comes with three low mileage, late model vehicles, nice furnishings, samples and minimal inventory.
The contracted principles are a large part of the valuable assets. Due to the nature of the representative contracts, this business will be sold as a stock purchase.
The second most important asset is the 67 years of presence and stellar reputation doing business within the market territory. - Market Outlook / Competition
- Business has exclusive territory rights for major principle companies. Business also does buy/resell of non-represented equipment and systems.
- Opportunities for Growth
- Scale to other cities within territory for increased presence and add sales personnel.
Begin instillations of equipment making it a one stop solution.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 4,000
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 1 month in person training and ongoing as needed by phone for three months. There are experienced and capable employees.
Listing Info
- ID
- 2489624
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2489624 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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