Distributor of Industrial Products in CT

Price: $475,000

Location: Connecticut

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.

Listing Details

Gross Revenue: $1,731,000

Cash Flow: $158,000

EBITDA: $158,000

FFE: $100,000 (Included in Price)

Inventory: $110,000

Reason For Sale:

Retirement

Training & Support:

Will provide

Operation

Year Established: 1960

Days & Hours of Operation: 9AM to 5PM

Employees: 5

Location

Square Footage: 5,144 sq/ft

Relocatable?: Yes

Facilities Information:

Warehouse space with offices in stand alone building on 1 acre lot.