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Businesses For Sale > Business For Sale in Louisiana (LA)

Wholesale Distributor of Industrial Tools, Supplies, Fasteners, Adhesives & Safety Equipment

Louisiana (LA)

Asking Price: Gross: Cash Flow:
Undisclosed $2,900,000 $317,000

Business Summary:
The March Group, LLC currently represents a wholesale distributor of industrial supplies such as abrasives, fasteners, safety equipment, cutting tools, drills, and electric components to both private and public businesses. With its long history of customer satisfaction and uncompromising service, this Company would make an excellent addition to an existing supplier. The Company posted revenues of $2.9 million with EBITDA of $317,000 in 2007; steady sales are projected to continue for 2008 with revenues of $3.2 million and EBITDA of $382,000. Customer base consists of more than 400 accounts, currently focused in Louisiana and Texas. Excellent client relationships with large car manufacturing facilities in the region. Top five categories with regard to percentage of sales consist of cutting tools, fasteners, electrical, abrasives and safety supplies. Experienced management and capable sales staff oversee inquiries, orders, shipments, purchases, and client relations. For customer ease, orders are accepted via telephone, fax, e-mail and directly through the Company’s field salesman. Opened a second location in 2005 to expand geographical reach and better serve its customers. Currently in the process of launching a Company Web site, which will have more than 60,000 items available for purchase online.

 

   
Year Business was Established: 1994
   
Number of Employees: 8  
   
Facilities / Terms of Lease: Operates from a Company-owned facility of approximately 8,000 square feet as well as a second, leased location of 2,000 square feet.  
   
Potential Growth/Expansion: The Company is well positioned to capitalize upon the excellent growth prospects forecast for its industry. The Company’s 14-year history of customer satisfaction remains the key to its continued growth and success. The opening of a second location for geographic expansion has already been implemented, one of many expansion opportunities.  
   
Owner willing to train: The owner is willing to provide any necessary training for a transitional period, and open to remaining with the Company in a different capacity post-acquisition.  
   
Seller Reference Number: 1752
BusinessMart.com Listing Number: 45132
 

 

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For more info contact:

Nikki Forbes

The March Group, LLC
469-212-7011

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