Wholesale Sales & Delivery of Industrial Fasteners: nuts and bolts (all types and sizes, metric and standard), electrical fasteners and connectors, specialty automotive fasteners, fasteners for hydraulic and compressed air devices. No retail - sells directly to the end user. Customers consist of quarries, trucking companies, asphalt plants, heavy equipment contractors, state and local governments and manufacturers. Business to business sales and service.
A very simple business where increasing sales is simply a function of developing relationships with new customers and proving quality service. Strong customer base now; lots of room to grow. Very high gross profit margin. Motivated seller wants to retire!
The business operates in attractive and functional rental space in an established industrial/commercial park, suburnan area, Central Virginia The space consists of 1,692 square feet - 1,560 square feet used for inventory storage, and 132 square feet of office space. Rent is $1,000 a month, just $7 per square foot. Accommodating landlord no problem anticipated assigning the lease to a new owner. Or, the business can easily be relocated to any facility that is convenient for service and delivery to customers.
Present owner is operating the business on a part-time basis, about 2 1/2 days a week. Increasing sales, and profits, is simply a function of agressively marketing and sales.
Industry: | Distribution | Wholesale | |
State: | Virginia | |
City: | Richmond | |
Annual Revenue: | $131,000 | |
Asking Price: | $215,000 | |
Annual Cash Flow: | $49,000 | |
Listing Agent: | ||
Phone: | (804) 673-8044 |