MergerPlace

Industrial Supplier w/RE

New Bedford, Massachusetts


  • Asking Price: $3,250,000
  • Gross Income: $3,177,624
  • Cash Flow: $954,695
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #209535
  • Established: Not Disclosed
  • Employees:

Business Description

Summary Description:

This growing company is an authorized distributor for many industrial and marine parts companies. They also specialize in the assembly of custom mechanical components used in the marine, construction and manufacturing industries.
While most of the company's business resides in the region of MA and RI, they are a global company with customers all over the country and world. Product customization and attention to hands-on service are differentiating qualities of this company.

Facilities:

The Real Estate is also for sale and the price is included.

The facility has been completely renovated in recent years and consists of showroom, office and warehouse space.
It is within close proximity to a state highway, as well as many of the business’s key customers.
Growth/Opportunity:

The company continues to experience growth in sales and profitability over recent years with minimal investment in sales and marketing, as word of mouth and reputation in the region have carried the business.
Continued growth can be achieved through a focus on the business's internet presence and e-commerce order fulfillment, as well as more investment in sales and marketing to acquire new customers.

Support: As needed for a smooth transition.
Reason Selling: Retirement


Business Details

Primary Business Category: Manufacturing - Machinery
Location: Massachusetts
Metropolitan Area: New Bedford

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $3,250,000
Gross Revenue: $3,177,624
Cash Flow: $954,695
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

Adam Bradshaw

The Nery Corporation