(SOLD) Distributor of Industrial Products in CT
Industry: Service Businesses
Listing ID: 01202023
Second generation distributor of industrial instrumentation application for power generation, military, aircraft, waste-water treatment, chemical processing, pharmaceutical, and food processing industries.
They operate out of a 5,144 SF warehouse with 5 employees, 2 doing inside sales. 30% is office space and 70% is warehouse. Vendors are domestic with more than 300 long term customers, some Fortune 500 companies. More than 30% of their products are drop shipped by manufacturers with the remainder received and delivered via UPS and Fedex.
Stand-alone building is 50×100 with a loading dock and sits on 1 acre. Seller prefers to sell real estate along with the business. Real estate price is not included in the price and will be sold at appraised value of approximately $600k.
Great opportunity to take over a successful second generation B2B distribution company with loyal customers. Business can be relocated.
Gross Revenue: $1,731,000
Cash Flow: $158,000
FFE: $100,000 (Included in Price)
Reason For Sale:
Training & Support:
Year Established: 1960
Days & Hours of Operation: 9AM to 5PM
Square Footage: 5,144 sq/ft
Warehouse space with offices in stand alone building on 1 acre lot.