Business Summary:
This family-run industrial fastener retail company has been serving local customers in the Pacific Northwest region for over 30 years. The business focuses on local customers such as farmers, processing plants, manufacturers, and government sites in a rapidly growing region.
The combined office, warehouse, and shop space is conveniently located in a commercial district with easy access to main thoroughfares and highways, allowing easy access to the shop for roughly 65% of their customers. The six-person staff includes a salesperson who also takes orders and makes deliveries to local customers. All inventory, warehouse equipment, and a delivery truck are included with the sale, making for a smooth transition of current operations.
The business is also pre-approved with SBA financing with 20% down.
Growth opportunities exist through expanding into online sales, increasing sales and marketing activities, increasing the hours of operation for the shop, and adding to the sales team. The owners are interested in retiring but will consider working in an advisory capacity for a few months to ensure a smooth transition.
This is an established business. This is not a new franchise or start-up opportunity.
NEXT STEPS: If you’re interested in this business, please fill out the contact form, and we will email you an NDA to e-sign. Please look for an email with the subject "Morgan & Westfield - Industrial Fastener Wholesale Company”. You can access more information on this business after e-signing our NDA.
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