Distribution Business

For bulk material handling products

Minnesota, MN

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Overview

Year Established
2007
EBITDA
$1,047,562
Employees
3 full time
Business Structure
LLC
FFE(Furniture, Fixtures and Equipment)
$26,140 (Not included in asking price)
Property
Leasehold
Rent
$1,250/mo
Area
3100 sq.ft.

Business

Description

Midwest manufacturing and distribution company for a wide variety of industrial instruments in the bulk material handling industry. A reputation as the industry experts, they produce the highest quality, defect free bulk material handling products and services. Profitable business with significant growth over the last 3 years.

Growth Prospects

Due to successful strategic moves over the past three years this company has improved its supplier relationships which have improved their margins while at the same time they have had a major competitor close shop which has dramatically increased sales. Hiring additional resources will help them grow.

Sale

Reason for Selling

Two of the three owners want to retire

Training/Support

One owner willing to stay on

Premises

Facilities

3,100 sq ft office and warehouse space leased

Location

Minnesota, MN

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Ad Id: ha1326 | 10135