nuts and bolts

Industrial Fastener Wholesale Company in Washington State

Asking Price: $650,000
Gross Revenue: $1,106,816
Location: Eastern Washington State
Cash Flow: $267,072
Established: 1985

Business Description

This family-run industrial fastener retail company has been serving local customers in the Pacific Northwest region for over 30 years. The business focuses on local customers such as farmers, processing plants, manufacturers, and government sites in a rapidly growing region.

The combined office, warehouse, and shop space is conveniently located in a commercial district with easy access to main thoroughfares and highways, allowing easy access to the shop for roughly 65% of their customers. The six-person staff includes a salesperson who also takes orders and makes deliveries to local customers. All inventory, warehouse equipment, and a delivery truck are included with the sale, making for a smooth transition of current operations.

The business is also pre-approved with SBA financing with 20% down.

Growth opportunities exist through expanding into online sales, increasing sales and marketing activities, increasing the hours of operation for the shop, and adding to the sales team. The owners are interested in retiring but will consider working in an advisory capacity for a few months to ensure a smooth transition.

This is an established business. This is not a new franchise or start-up opportunity.

Detailed Business Information

Financial Information

Asking Price: $650,000
Gross Revenue: $1,106,816
Cash Flow: $267,072
Seller Financing: SBA Pre-Approved, 20% Down
Inventory: $450,000
Inventory Included in price: No

Business Information

Location: Eastern Washington State
Real Estate: Leased
Relocatable: No
Employees: 3 Full-Time | 1 Part-Time
Year Established: 1985

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