Business Summary:
This company has been established over 25 years. This is a locally owned and operated full service industrial supply company. This business distributes industrial abrasives to the wood working, metal fabrication and foundry industries. Abrasive products include belts, disks grinding and cutoff wheels sanding materials, etc., for dimensioning, grinding, debuyrring, cleaning, blending, polishing and finishing wood and metal products. The company also sells such items as band saw blades, drill bits, burrs, taps, etc., to complement its line of abrasives. This company is Kansas City’s leading experts in abrasive industry.
The Owner works about 40 to 45 hours a week and has been focusing on sales as of late and his efforts have been paying off, the sales have increased 21% over the sale s of last year. The principle feels that if someone would continue with this effort they will see more growth.
The company is housed in a +/- 4300 sqft building and they keep about +/- $45,000 dollars worth of inventory on hand at their location.
The business employs the principal, office assistant and one part-time delivery person. Part-time delivery position is not and essential part of the company and the driver does not plan to continue with the company.
The Owner is seeking to slow down in life and pursue other interest. He believes that someone with a fresh perspective can breathe new life into the business and he feels that now is the time to find that Buyer that will take the business to the next level. The asking price for this will organize company is $180,000 plus inventory of +/- $45,000. Included in the price for the business are furniture, fixtures and equipment; customer and supplier lists/ telephone number/s; covenant not to compete/goodwill. Cash and accounts receivable are not included in the above price. The company will satisfy liabilities out of the sale proceeds. Call Jeremy today 913-940-3168.
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