Industrial Supplier For Sale - Ventura, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Ventura |
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| County: |
Ventura |
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| City: |
Ventura |
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| Financial Information |
Detailed Information |
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| Price: |
$195,000 |
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| Down: |
Call |
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| Revenue: |
$500,000 |
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| Adj. Net: |
Call/Email |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
Yes |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Ventura Industrial Supplier Business For Sale:
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Established in 1953, and family owned and operated since inception, this business is an institution in the Ventura County area. Very well respected within the community. The business provides a wide range of hoses, hydraulic fittings, compression fittings, custom made hoses and cables. An industrial supply house that has a large number of government and oilfield customers. A comprehensive parts inventory, plus numerous hydraulic hose presses, and other critical tools are included in the sale.
Don't be mislead by the age of the business though, the computer inventory control system is in place, tracks all inventory movement, cost of sales, reorder points, and is very easy to use, and accurate.
A phenomenal opportunity for someone to benefit from the 50+ years of the family building and maintaining this very lucrative business. The owners are second generation, and are eager to retire. No succession plan within the family forces the business to be marketed for sale.
Facilities:Approximately 7,000 square foot Leased facility with easy freeway access and good visibility in trade area. Good lease, may be renegotiated for fresh five year, plus five year option. Rent is currently 3500 per month. All fixtures, tools and equipment needed are in place and in serviceable condition.
Management Training and Support:Seller will train as needed. 2 months at 80 hours per month. As needed after that.
Reason For Selling:Business has been family owned and operated since it began in 1953. Seller is second generation and there is no succession plan. Seller is retiring and is ready to sell business.
Seller Financing:Will consider financing sale with 25% down for a credit solid buyer
Business is priced at 195,000, plus the actual cost of Inventory, estimated to be about 150,000. Seller will consider financing the purchase with a 25% down payment from a qualified buyer.
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More Ventura County Information For Buying & Selling Ventura County Businesses
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Industrial Supplier Business Opportunity For Sale, Ventura, California, CA | BizBen
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