Wholesale Distributor – Machine & Woodworking Tool and Supply Company in New England.

Price: $750,000

Location: Maine

Industry: Wholesale and Distributors

Listing ID: CM1142021

This business was founded in 1965 and has been in continuous operation since that time.
This company has continually grown as an industrial supply that specializes in metal and woodworking machinery, specialty tools, as well as various custom-made components.
Some of the inventory includes, milling/cutting machines including CNC and tools, measuring tools, hand tools, abrasives, bits and many more. This company supplies some of the top brands including, DeWalt, Jet, Delta, LS Starrett, Premier, Powermatic and many other brand suppliers. There is virtually no competition in his market area.
The seller is not only willing to assist in the transition, he is also willing to stay on in a field sales role.

This is a great opportunity to buy into a successful distributor -industrial supplier.

Listing Details

Gross Revenue: $900,000

Cash Flow: $250,000

EBIT: $250,000

Inventory: $650,000

Terms and Conditions?:

Inventory not included in sales price
Real Estate is available for sale or lease

Reason For Sale:

Retirement

Training & Support:

The seller is not only willing to assist in the transition, he is also willing to stay on in a field sales role.

Operation

Year Established: 1965

Days & Hours of Operation: Monday - Friday 7AM - 430PM

Non-Owner Payroll: $3,300

Employees: 1 FT 3 PT

Location

Square Footage: 2500