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1870 The Exchange
Suite 100
Atlanta, GA 30339
770-303-0044
Fax: 770-234-6165

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Listing Details - Industrial Supplies Distributor and Repair Shop


Listing#: 7498      SIC:       Business Type: Distribution, Dist-Industrial Supplies
 
Default Image
Status Active
Listed Price $2,250,000
Down Payment $550,000
Owners Cash Flow $622,857
Total Sales $3,735,879
 
   
   
 
  Contact Information
   
  Office: 770-303-0044
  Email: Send Email To Agent
   
   
   
   
Business Description
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.
 
Assets/Liabilities
Accounts Receivable $250,000 Incl. Yes Real Estate Incl.
Inventory $150,000 Incl. Yes Liabilities Incl.
FF&E $30,000 Incl. Yes Other: Incl.
Leasehold Incl. Total Assets $430,000
   
Lender Prequalified: Yes  
   
Financing/Terms Amount Mos Rate Mo. Pmt.
Loan/Assumable
Loan/Seller $225,000 120 6 $2,498
Other $1,475,000 120 7 $16,748
 


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.