The distribution company for sale is known for distributing metal including carbon, stainless, aluminum, brass, and alloy steel in any quantity quickly and efficiently in the Mid-Atlantic area.
The business for sale specializes in small orders. NO customer concentration. All personnel (approximately 10 full time employees) are in place.
Company has a well equipped facility with racking, shears, saws, and delivery truck. Company stocks inventory. Sales, estimating, and accounting systems are in place. Clean leased warehouse with office space.
Company is well regarded by its many customers. Company has niche with small quantities. Lots of walk-ins. Approximately 50% of clients pay when the goods are delivered keeping receivables down. Company provides competitive pricing and great service.
Having successfully built the business, owner desires to retire but will provide transition services as necessary and agreed upon with new owners.
Asking Price $1,650,000 plus inventory (estimated at $200,000) with revenues of over $3,500,000 and average discretionary earnings of $630,000.
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Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877.838.4966 to discuss selling your business, ordering a business valuation or buying a business.