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Lenox, Macomb County, Michigan
Asking Price
$75,000
Revenue
$21,529
Down
Call/Email
Cash Flow
$1,254
Name: Rick Carlson
Phone: Show phone number
Name
Rick Carlson
Phone
Show phone number
Posting ID:
291560
Business Category:
Wholesale
Business Types:
Distributor & Wholesale Distribution
Keywords:
Lenox, macomb county, michigan, coating, distribution, distributor
Attributes:
Broker Cooperation
Financial Assistance
Owner/Seller Financing
Training And Support
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Lenox, Michigan
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This turn-key business is poised for rapid growth. The right buyer will acquire all the tools, certifications, and connections for a solid base from which to take this business to a highly profitable level. Not only does the business have an exclusive agreement for the Michigan market, but it also has customers and market opportunities around the world. With a website, several social media accounts, industry listing sites, a customer list of about 200 customers, and a GSA account, this business is ready for the acquirer to expand into oil and gas, marine, and several other industrial markets. Seller created this business around a high-tech coating product line that is a game-changer. Customers from around the world use these coatings to extend product maintenance cycles by 5x through corrosion prevention. This product line includes nine SKUs that include surface treatment, industrial coatings, additives, and sealers. The Seller has several other ventures and is ready to transition this business to another passionate Buyer who can take it to the next level. Ideal for an individual, a distribution company, or a strategic buyer with complimentary channels. Business name and location will be shared once a qualified Buyer prospect is vetted. NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: A small warehouse is available for rent, or minimal storage space (e.g., 400 sq ft) is needed to keep inventory on hand. The supplier will drop-ship, reducing the need for a warehouse. Competition: There are many distributors of coatings across the United States, but this distributor holds an exclusive agreement and trademarks for this industrial coating. Growth & Expansion: The business has been established but has not been a primary focus for the owner. The Michigan market is exclusive so marketing efforts in this geography such as direct sales, online marketing through established accounts, and other traditional marketing methods would pay dividends. Utilizing the Company’s GSA and Alibaba accounts more proactively is a big opportunity. Finally, penetrating vertical markets such as oil & gas, agriculture, and manufacturing with commissioned representatives, digital marketing, and traditional marketing would lead to additional growth. Financing: TBD if structure and terms are acceptable. Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business. Reason for Selling: Other business interests.

California
Absentee Industrial Pump & Valve Distributor Municipal & Industrial - SC2229
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CF : $ 102,000
Absentee Industrial Pump & Valve Distributor Municipal & Industrial - SC2229 Wholesale & Distributors Businesses for Sale Primary Category: Distributors & Other Wholesale Businesses for Sale Financial Information Asking Price: $349,000 Cash Flow: $102,000 Gross Revenue: $315,000 Down Payment: $349,000 Adjusted EBITDA: $97,000 This pump and valve representative/distributor is a Northern California Sole Proprietorship and has been in operation for the past 8 years under the ownership of its founder. The Seller facilitates sales of centrifugal pumps, positive displacement pumps, various valves (gate, globe, butterfly, ball) and spare parts and components to industrial facilities, municipalities, waste water treatment plants, etc. Seller currently sells to over 20 different customers on a regular basis with established relationships that will easily transfer to the new owner. Seller works approximately 20 hours a week on average, and only sells new pumps, new valves and replacement parts. Seller did facilitate service work in the past, which is an opportunity for growth for the new owner. Business Location City: Northern California State: California Reason for Sale The Seller is selling to pursue retirement. Detailed information Year Established: 2018 Home Based: Yes Franchise: No Relocatable: Yes Lender Prequalified: No SBA Prequalified: No Full-Time Employees: 1 Part-Time Employees: N/A Contractors: N/A Owner Worked Hours/w: 20 Inventory Included: No Inventory Value: N/A Monthly Rent: N/A Real Estate Available: No Real Estate Included: No Real Estate Value: N/A FF&E Included?: No Training/Support The Seller is willing to provide training at 30 hours per week for 2 weeks for the new Owner. Dependent on the location of the new Owner, training may be remote. Seller is willing to personally introduce customer and vendor base to new Buyer during training. Additional training can be made available at a mutually agreed upon cost to the new Owner. Market Outlook/Competition Global Pumps and Valves Market size is expected to reach $92.8 Billion by 2030, growing at a CAGR of 5.8% during the forecast period.Pumps and valves are a primary part of automation. Pumps are utilizing to maintain the flow rate and pressure of the fluids in specific industries, and valves are responsible for maintaining the operational performance of a facility. CA 02282967 NV B.1003039.LLC NV BUSB.0007191

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Solano County, California
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