Company Overview
Founded decades ago, this respected company specializes in the sale of machining equipment and supplies. With a solid reputation for dependable local service and strong vendor relationships, the business has consistently enjoyed steady revenue and long-term customer loyalty. Their devoted customer base includes clients from various sectors, including aerospace, boat manufacturing, and local machining shops. Essentially, anyone in need of industrial-quality cutting supplies is a potential customer.
Key Highlights
Strong Vendor Support: The company maintains exclusive distributor relationships with leading industry suppliers.
Established Reputation: With over 40 years in operation, it boasts a loyal customer base.
Hands-On Local Service: It stands out from online competitors through personalized customer care and technical support.
Efficient Operations: The current owner operates a four-day work week, complemented by part-time staff, consisting of just three employees (including one full-time owner and two part-time owners).
Smooth Transition: The seller is dedicated to providing a seamless transition, including vendor-supported training for the buyer.
Flexible Buyer Pool: This opportunity is ideal for industry professionals or outside buyers seeking a stable, service-oriented niche business.
Financial Performance
2024 SDE: $247,758
2023 SDE: $178,355
2022 SDE: $270,692
Opportunity
This acquisition presents a unique opportunity to take over a well-established, relationship-driven business with reliable vendor partnerships and significant growth potential. With no current marketing strategies in place and an industry trend moving towards impersonal online models, new ownership can capitalize on the company’s local presence, strong reputation, and vendor support to increase market share by creating a website and marketing to potential clients.
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First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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Listing Number:
Category:
Location:
Listed Price:
Company Overview
Founded decades ago, this respected company specializes in the sale of machining equipment and supplies. With a solid reputation for dependable local service and strong vendor relationships, the business has consistently enjoyed steady revenue and long-term customer loyalty. Their devoted customer base includes clients from various sectors, including aerospace, boat manufacturing, and local machining shops. Essentially, anyone in need of industrial-quality cutting supplies is a potential customer.
Key Highlights
Strong Vendor Support: The company maintains exclusive distributor relationships with leading industry suppliers.
Established Reputation: With over 40 years in operation, it boasts a loyal customer base.
Hands-On Local Service: It stands out from online competitors through personalized customer care and technical support.
Efficient Operations: The current owner operates a four-day work week, complemented by part-time staff, consisting of just three employees (including one full-time owner and two part-time owners).
Smooth Transition: The seller is dedicated to providing a seamless transition, including vendor-supported training for the buyer.
Flexible Buyer Pool: This opportunity is ideal for industry professionals or outside buyers seeking a stable, service-oriented niche business.
Financial Performance
2024 SDE: $247,758
2023 SDE: $178,355
2022 SDE: $270,692
Opportunity
This acquisition presents a unique opportunity to take over a well-established, relationship-driven business with reliable vendor partnerships and significant growth potential. With no current marketing strategies in place and an industry trend moving towards impersonal online models, new ownership can capitalize on the company’s local presence, strong reputation, and vendor support to increase market share by creating a website and marketing to potential clients.
Financial Information
Gross Revenue:
Listed Price:
Down Payment:
Total Income:
Year Established:
Lease Information
Square Feet:
Total Rent:
Lease Expiration:
Lease Options:
Asset Information
Leasehold Improvements:
Equipment / Fixtures:
Inventory:
Other Assets:
Additional Information
Full-Time Employees:
Part-Time Employees:
Special License Required:
Contract Staff:
Training Period:
Reason for Selling:
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
