60 Year Old Industrial/Hydraulic Supply Company
Location: New Jersey > Essex County
Industry: Manufacturing > Other Manufacturing
Financials
Asking Price: $2,200,000
Gross Revenue: $1,100,000
Cash Flow: $200,000
Inventory: $600,000 (Included in Asking Price)
Real Estate: $1,100,000 (Included in Asking Price)
Seller Financing: Ask about SBA funding..
Business Summary
Profitable Industrial and Hydraulic Supply Company: Owners say it's time to retire and pass the baton. This business was passed down from father to sons and there are no more heirs. The company sells: industrial rubber products, seals, power transmissions, bearings, chains, belts, couplings, conveyors, and much more. There client list includes energy companies, manufacturing companies, and machine shops throughout New Jersey. The growth potential of this business is endless, Their headquarters are in Essex County, New Jersey. At present the building is not included in the sale but the owner might consider selling the building or giving the new owner a very long term lease. Although most clients are local alterative methods of delivery could be set up.
About the Business
Year Established: 1945
Employees: 4 full time -
Facilities: One story free standing brick building lot size 75x103
Market Outlook and Competition: There is wonderful upside potential for this business. It is a small operation and they do not have a website or a catalog and their sales are all word of mouth. It is a wonderful growth opportunity for a mechanically minded individual. The right Marketing/ Advertising Plan and Business Plan coupled with creative thinking could double this business in two years..
About the Sale
Management Training and Support: Owner will stay on and train
Reason For Selling: Owners want to retire.
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Listing Tools
BizQuest ID:879813
Seller ID:BQ123
Business Listed By
Name:Harriet Karlin
Company:Jordan Baris
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.