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, approximately . 3,085-square-foot 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 sq ft of office is well laid out to handle stock and warehousing, an office area for administration, and on-site parking. Furniture, fixtures, and 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
