Upstate Industrial Services and Sales

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B@B Sales & Service, Retiring Owner
Asking Price:
$625,000

Gross Revenue:
$3,000,000
Cash Flow:
$210,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$90,000
included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The Hatteras Group is pleased to represent the owner of a well established Industrial Service company providing MRO services and specialty products to manufacturers and contractors in the Carolinas and Georgia. Established 20+ years, the company provides both industrial maintenance and repair services as well as specialty parts and equipment. Services include painting, repair/replacement of equipment, minor repairs, grounds. Products include abrasives, fasteners, chemical products, pipe valves and fittings, pneumatic and hydraulic products, power tools, and safety products.

This would make a great addition to a multi-unit operation or for an owner/operator. Seller is available to work through a reasonable transition period; key employees are expected to remain with new ownership.

Acquisition highlights include:
• 2018 Sales of $ 4.9 MM includes 2 accounts now off the books
• 2019 Projected Sales of $3.0 MM for year ending September 30 with approx. $150k SDE
• Facilities of more than 20k SF
• $90k inventory at cost
• Equipment includes box truck, pickup truck, delivery van, and forklift.
• Staffing includes inside and outside sales; warehouse personnel.
• Asking Price $625k plus consulting fee to be negotiated. Includes $300k real estate and 90k inventory.

About the Business

Location:
South Carolina
Year Established:
1999
Number of Employees:
5
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About the Sale

Reason For Selling:
retirement
Seller Financing:
TBD

Listing Info

ID:
1657549
Ad Detail Views:
0

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$
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Business Listed by

Tondra Morley

The Hatteras Group

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Sponsoring Broker:

Alan Clark
The Hatteras Group


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