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Industrial Fasteners, Wholesaler For Sale - Fresno, California
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Profile: Industrial Fasteners, Wholesale: SBA Prequalified! 265 Active Customer Accounts.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Robert Lyon, Broker
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| Primary Phone: |
559-222-2787 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01382937 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
3/21/10 |
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| Date Last Revised: |
3/21/10 |
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| BizBen Ad #: |
130437 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$375,000 |
| Down Payment: |
$375,000 |
| Annual Revenue: |
$508,000 |
| Annual Adjusted Net: |
$151,000 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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This Is A Real "Nuts And Bolts" Business. Durable Goods: Screws, Washers, Nuts, Bolts, Rivets, Plus More Are Brought In For The 265 Active Customer Accounts. These Customers Include Food Processors, Industrial Manufacturing, Agriculture, Fleet Maintenance, Automotive Dealerships, And Auto Repair Facilities. Everything Is Organized And In Its Place (Inventory Is Monitored Through A Computer System Consisting Of A File Server And 5 Workstations). They Have That Hard-To-Find Item On-Hand! Organized, Orderly, Straight-Forward, Efficient, And Easy To Grasp Are All Descriptions Of This Business That Provides 50%-60% Gross Profit Compared To Sales. The Inventory Is Estimated At 129,000 At Cost And Is Not Included In The Asking Price. This Business Has Been Prequalified For An SBA Loan.
The Business Did Increased Sales In 2008 Over 2007. Also, 2009 (While Down Slightly For Jan. And Feb.) Is Doing Well. In Fact, He Had His Best April Ever!
This Money-Making Business Is Self-Generating In That The "Nuts And Bolts" They Sell Are Required By Their Industrial Customers On A Repeating Basis. Presently They Do Not Service The Construction Business -- Great Potential There! Plus, Outside Sales Could Be Aggressively Pursued In Addition To Adding A Full Line Of Tools To The Existing Fasteners.
The 5,600 Square Foot Building Is In An Industrial Complex In The City Of Fresno's Enterprise Zone. Large Warehouse With Sales Counter, Reception Area, And 2 Offices Comprise The Leased Building. The Lease Is 2,240 + 550 (Cam Fees). The Lease Runs Through December, 2011.
Employees: 1 Full Time Counter And Warehouse Person+ 1 Full Time Sales Person + 1 Part Time Sales Person. Established In 1970, The Current Owner Has Owned The Business Since 1999.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Robert Lyon, Broker at 559-222-2787 Non Disclosure Agreement |
Business For Sale Photos
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