Industrial Products Distributor in Rapidly Growing NC Area

Listing Number: 13485-752588

Description

Industrial supply distributor with over 750 customers in the rapidly growing central and Eastern NC markets. Company differentiates itself by focusing on relationships and proactively looking for solutions that can help customers improve efficiency while saving time and money. With two main locations, the company currently services a 120 mile radius, with deliveries by knowledgeable field employees capable of both installation and support, driving customer loyalty. The company sales have nearly doubled in 3 years with 2023 estimate of $18M. EBITDA is forecasted to triple in the past 3 years, ending 2023 at an estimated $1.6M. The greatest opportunity for growth is by establishing online sales. The company's premier customer was just approved for a $5 billion expansion, creating a tremendous opportunity for further growth.

Listing Details

• Price: $ 0
• Down Payment: --
• Sellers Discretionary Earnings: $ 1,396,008
• Total Sales: $ 13,465,155
• Location: North Carolina


• Inventory: $ 719,000
• FF&E: $ 529,146
• Employees: 10
• Reason for Selling: retirement
• Category: Distribution