Mobile Hardware & Electrical Distributor
Price: $275,000
Location: Central Maine
Industry: Service Businesses
Listing ID: CM092821
This business was established in the 1999 and provides on-site sales and stocking of electrical connectors, shrink tubing, tape, nuts, bolts and associated hardware in the electrical, marine, trucking industries and other MRO operations.
The seller has a fully stocked truck that delivers to his accounts on a regular schedule. Customers know that they can rely on him to be there and many allow him to go into their stock area, see what components are needed and fill the order on the spot.
The sale includes a Mercedes Sprinter van that has custom-built racking that keeps components secure during transport while allowing easy access for filling orders.
Because the seller’s business model is built on personal relationships with key personnel at each customer site, he intends to stay on after the sale to make introductions and to work toward a smooth transition.
Listing Details
Gross Revenue: $315,000
Cash Flow: $100,000
FFE: $35,000
Inventory: $68,000
Training & Support:
Because the seller’s business model is built on personal relationships with key personnel at each customer site, he intends to stay on after the sale to make introductions and to work toward a smooth transition.
Operation
Year Established: 1999
Days & Hours of Operation: Monday-Friday
Employees: 1
Summary
Potential Growth:
The seller uses only a photocopied paper catalog and there is no online ordering available. Orders are received by email, fax and in-person visits.
The new owner could consider:
• Computerizing the catalog for online viewing.
• Creating a system for online ordering.
• Selling through other online portals, such as Amazon.
• Adding product lines to be more productive at each point of call.
• Expand into neighboring states by adding more vans and salespeople.