Well established industrial distributor specializing in hose, hose fittings, pipes, fittings, valves and more. Located in Southwestern Ontario, this profitable business distributes industrial goods applicable to a variety of industries. They are well run and have a team of loyal employees which makes them one of the most successful distributors of industrial components of its type in the region. They offer unparalleled access to a variety of brands and unique products. Customers include major industrial companies, contractors, and utilities. This business operates from a beautifully renovated approx. 3,085 sqft leased premises situated in a convenient location.
- Asking Price:
- $1,100,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,500,000 (CAD)
- Cash Flow:
- $310,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Location:
-
The business is conveniently located near major traffic arteries. The approximate 3,085 sqft of office is well laid out to handle stock and warehousing, office area for administration, plus on-site parking. Furniture, fixtures, equipment, are included in the price.
Business Operation
- Expansion Potential:
-
Revenues have been strong over the past couple years with limited advertising. The business has not aggressively pursued new customers; they have serviced their existing relationships and primarily have obtained new customers through referrals. Client base is ideal for someone wishing to start a wholesale and distribution business or an existing wholesale and distribution business looking to add or build a presence in this part of Ontario.
- Competition / Market:
-
Quality, loyal and growing client base. Brands and lines carried allow them to compete with just about any local or non-local competitor.
- Reasons for selling:
-
Retirement
- Employees:
- 5
- Years established:
- 30+ years
Other Information
- Support & training:
-
Owner will provide a smooth transition.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Seller will finance for qualified Buyers
- Furniture / Fixtures value:
- $100,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $150,000 (CAD) - included in the asking price
