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Businesses For Sale > Business For Sale in Chatham County, Georgia (GA)
Industrial Supplies Distributor and Repair Shop for sale in Chatham County, GA
Chatham County, Georgia (GA)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 2,250,000 |
$ 3,735,879 |
$ 622,857 |
Furniture and Fixtures Value:
$ 30,000 (included in the asking price)
Inventory Value:
$ 150,000 (included in the asking price)
Business Summary:
This is a growing Industrial OEM distribution business with current orders already over $900,000. Cash flow of $622,000 for 2012 is based on the first 4 months of the year and assumes one owner stays with a salary of $85K. Owners worry that they may have difficulty funding an increased rate of orders. The business is a distributor of OEM industrial products for many top brands. The company services several states in the Southeast U.S. with protected territory status from the manufacturers. The company also offers an experienced and top-notch repair facility for the industrial equipment that they sell and distribute. It provides disassembly with documentation, machining, welding, and large repair. The repair facility utilizes a clean room for optimal quality control. Typical customers are large public companies. Most business is from current customers because of lack of growth capital to increase the sales force and develop a marketing plan. The company is able to offer customers multiple solutions for their Industrial Equipment OEM needs regarding new products, replacement products, repairs, specifications of future needs, etc…This business has been SBA Pre-Qualified for a buyer with 25% down payment and the sellers holding a 10% note provided that the buyer also has assets to collateralize for the bank.
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| Year
Business was Established: 2008 |
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| Number of Employees:
10 |
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| Facilities / Terms of Lease:
The facility is a 7,200 SF metal warehouse with two overhead cranes, four roll-up doors, 4 offices and a kitchen area. The facility is located less than five miles from two major Interstates. The facility was built in 2008 and has a clean room and a welding and fabrication area. The current owner estimates that a new owner can increase the business by 50% without having to expand the facility. |
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| Potential
Growth/Expansion:
The business already has orders for 2012 that exceed $900,000. The owner believes that the company will grow at least 15-20% in 2012 and much more once capital expenditures begin to increase with major corporations. The company has a new maintenance contract and a new exclusive territory for distribution. |
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| Owner
willing to finance:
550k down/225k for 120 mos @ 6% |
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| Owner
willing to train:
4 Weeks / $0 Cost |
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| Reason for selling:
Owners lack sufficient working capital to allow the company to reach its growth potential. In addition, owners do not feel qualified to take the business to the next level. The company is experiencing fast growth and they want to ensure that the company i |
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Seller Reference Number: 1105-7498
BusinessMart.com Listing Number: 115604 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Roger Murphy
Murphy Business & Financial Services
727-725-7090
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