Industrial Supply Distributor - SOLD

 Sold Listings / 530 views / Sold

Price: $600,000.00

This East Central Indiana industrial supply distributor provides high quality products to a wide range of industries. Its reputation is based on having the most comprehensive product offering and high-quality service. It carries full product lines from well-known manufacturers. With over 10,000 SKUs in stock, they easily meet customers’ needs. Customers choose products from a wide range of categories. Some of these categories are:

  • Fasteners
  • Industrial Hardware
  • Industrial Components & Clamps
  • Lubricants
  • Abrasives & Finishing
  • Adhesives, Sealants & Tapes
  • Health & Safety
  • Janitorial & Sanitation
  • Solvents, Degreasers & Cleaners
  • Paints & Equipment
  • Plumbing
  • Lighting & Electrical
  • Office & Warehouse
  • Raw Materials
  • Material Handling, Storage & Casters

Customers

Currently, the distributor serves over 200 customers within a 75-mile radius of their location. Even though they get walk-in customers, revenues come from established customers. A sales team handles these accounts as well as finding new business. The delivery team makes sure their orders arrive on time.

Customers come from all types of industries. These include automotive suppliers, auto and fleet repair shops, schools, government facilities, construction, hospitals and healthcare, railroad, RV and marine, food processing, printing, machine and tool shops, and woodworking and processing. Additional customers are manufacturers in OEM, racking, plastics, and display and fixtures.

Growth Potential

The potential to increase revenue is strong. Kitting is an increasing area of customer demand. It typically brings in higher margins. Having a dedicated space for this will increase revenues. Add product vending machines to boost revenue, too.

If you’re looking to run with the big dogs in the industrial supply industry, then this business is right for you! A new owner will have the vision and drive to move this company to its next level of success. Additionally, it’s a great add-on acquisition for a business looking to grow.

Investment Considerations:

  • Over 10,000 SKUs in Stock
  • Full Line of Products from Well-Known Manufacturers
  • On-Site Assistance
  • Competitive Pricing
  • Flexibility to Assist Customers
  • Local Delivery Available
  • Ability to Ship Nationwide
  • Room for Growth

Growth & Expansion Opportunities:

The Seller identified areas of growth a new owner can implement:

  • Hire an Inside Salesperson
  • Hire an Additional Delivery Person
  • Purchase Another Delivery Vehicle
  • Offer Product Vending Machines
  • Add a Kitting Area

Financial Information:

RevenueCash Flow
2022$4,159,097$414,153
2021$3,505,874$211,990
2020$4,072,964$1,002,906

 

** For more information regarding this Industrial Supply Distributor, click the link below. IBA requires a A Non-Disclosure Agreement signature before details can be disclosed**

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  • Location : Eastern Indiana
  • Listing # : N2116

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