SOLD: Strategic Buyer
Hydraulic Distributor:
Southeast United States
Listing Price $1,300,000 (Business Only)
Broker: Jim Peddle
Real Estate Available, Wholesale
Summary
Business Description
This listing is for a company located in the Southeastern part of the United States.
• Established wholesale industrial equipment parts manufacturer and distributor that specializes in supplying parts to the agricultural, industrial, and lawn & garden industries.
• Located in a 9,000 + sq/ft warehouse & office space
• Company ships its products all over the world
• Long standing vendor and customer relationships
• Lean, turnkey operation model
The Company’s primary customers include;
o Repair shops
o Online retailers
o Parts dealers for agriculture, turf, and other commercial industries,
o Hydraulics dealers,
o Import and export businesses
o Large aftermarket parts distributors.
Private Label Parts Manufacturing
o Hydraulic wheel motors
o Hydraulic pumps
o Hydraulic motors
o The parts are manufactured overseas and shipped to the Company’s distribution warehouse.
Interested buyers are required to execute an electronic NDA and provide a LinkedIn Profile or Resume prior to the disclosure of the name and location of the Company.
Detailed Information
Location: Southeastern USA
Inventory: $750,000
Real Estate: Owned- Not included in asking price
Building SF: 9,500+ Includes Warehouse & Offices
Employees: 16
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The company operates out of a 9,500 sq/ft adjusted space that the company owns. The facility includes 3,000 sq/ft of office space spread out over 2 floors and 8,000 sq/ft of warehouse space.
Competition: The Company's marketing is currently limited. Since it is a B2B wholesaler, it mostly utilizes email blasts to its returning customers to showcase new products and deals. The Company's marketing is exclusively online and aside from the email blasts it includes the Company website, online catalog promotions, and SEO.
Growth & Expansion: There are many opportunities to grow the business including expanding the product SKUs. The Company currently offers only 1500 SKUs with its primary focus being only a few major OEM/applications. Tapping into a larger equipment market outside of its current industries would grow the business rapidly. A new owner could also expand the small scale production offerings by adding additional models for other applications and industries. The Company could also increase its exposure at domestic and international equipment trade shows and increase its online outreach to its clients.
Financing: $130,000 Subject to Seller Approval
Support & Training: Mutually agreed upon training and transition
Reason for Selling: Retirement
Financials:
Asking Price: $1,300,000
Cash Flow: $431,093 (3 Year Avg)
Gross Revenues: $2,842,192
FF&E: $40,000
Inventory: $750,000 (Not Incl.)