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Multi-State Wholesaler of Industrial Machinery, Equipment et

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Date8/29/2020 4:22:09 AM
PriceUSD 8,900,000.00
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Merchant Wholesaler of Industrial Machinery, Equipment & Tool Prod
This business is a wholesaler of industrial machinery, equipment and tools currently operating in multiple states.
BEST REASONS FOR ACQUIRING THIS COMPANY
• Location – the region is experiencing above average growth in business, construction, and manufacturing.
Also, the area is a highly sought-after place to live and work (low taxes/high quality of life).
• The facility is owned by current owners, thereby assuring stability and rent control. The Buyers can also buy the real estate.
• Long terms exclusive manufacturing rep sales contracts
• Great reputation for quality customers service, product expertise and professionalism
• The company leads the market due to staff experience and knowledge combined with strong, long-term relationships with manufactures and customers
• High margin business/limited overhead (people work largely from home in their territories)
• Long history in industry
• Long term, loyal employees with most average years of tenure > 10 years. No employees considered “at risk”. Current owners willing to stay on 3 – 5 years or negotiable. Owners’ experience > 20 years.
• Clean and steady financials
• Hold 50% market share for their major manufacturer
• Established customers make up an impressive 75% of their business
• Multiple revenue streams (Job Shops to Manufacturers including Transportation, Agriculture, Home Appliances, Shipbuilding, Architectural and many more)
• Well positioned to lead the industry in sales with customers wanting to replace old technology with new specific technology
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