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Distributor Of Fluid Power Products In Kitchener For Sale

Kitchener, Ontario, Canada
Asking Price:
$270,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$380,000 (CAD)
Cash Flow:
$108,000 (CAD)

This company is a supplier of parts used for the maintenance and repair of industrial machinery and mobile equipment. It is a source for all seal needs, Imperial and Metric, and supplies a wide range of fluid power products – cylinders, valves, hose and fittings, seals and repairs.

The company was acquired by the current owner from the founder in 1996, after 2 years of operation.

The present owner expanded product lines, grew the customer base through direct sales, and established the brand as having a deep inventory assortment and as being a provider of attentive service.

Property Information

Real Estate:

Lease

Lease Terms:

Month-to-month at present. New lease to be arranged.

Leasehold Rent:

$24,000 (CAD) per annum

Location:

Street-facing unit of a multi-unit building located in an industrial park.

Premises Details:

Reception, Office, Stockroom, Workshop.

Business Operation

Competition / Market:

Main advantage over competitors is the inventory and variety of seals and products that the company maintains.

Reasons for selling:

Owner is retiring.

Trading hours:

Monday – Friday, 8am – 4pm

Employees:
The current owner operates the business and there are no other employees at present.
Years established:
29

Other Information

Support & training:

The owner will stay to transition to a new owner for up to one year.

Relocatable:
This business can be relocated.