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Industrial Products For Sale - Baltimore, Maryland, MD |
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| PROFILE: Industrial Products Sales & Service Company. |
| Status: |
Available |
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| State: |
Maryland |
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| Location: |
Maryland |
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| County: |
Baltimore |
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| City: |
Baltimore |
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| Primary Category: |
Wholesale/Distribution |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
128126 |
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| Seller Or Contact: |
Jeffrey Hider, |
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| Primary Phone: |
410-987-7062 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
10/10/08 |
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| Date Ad Last Revised: |
10/10/08 |
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| Asking Price: |
$997,000 |
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| Down Payment: |
$300,000 |
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| Annual Revenue: |
$2,488,880 |
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| Annual Adjusted Net: |
$263,353 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: This High Quality, 15 Year Old Company Provides Parts Sales, Service, And Rebuilds To A Wide Variety Of Customers That Use Hydraulic Or Pneumatically Powered Equipment. The Company Services The Entire Mid-Atlantic Area With A Focus On Washington, Dc, Northern Virginia And Baltimore. Long Term Customers Value The High Level Of Service, Emphasis On Quality, Quick Turnaround And Competitive Pricing. The Company’s Suppliers Are Among The Best In The Industry And Allow The Company To Offer Such Price And Service.
The Company Has Shown Nearly Double Digit Growth Rates Over The Last Several Years And Can Continue To Grow By Emphasizing Product Sales Through Direct Distributorships And Adding More Service Technicians. The Company Does Very Little Marketing And Relies Upon Referrals And Its Website For New Business. Management Is Very Experienced And The Owner Is Willing To Stay Full Time For 2 Years And Much Longer On A Part Time Basis – Especially In A Sales Capacity.
Seller Financing: Seller Will Finance For Qualified Buyer.
Year Established: 1991
Employees: 16 Full Time
Facilities: Company Operates From 16,000 Square Feet Of Shop And Office Space In A Quiet Industrial Area Convenient To Interstate Highways. The Well Equipped Facility Could Easily Support 25% More Service Work And Many Times More Product Sales. Facility Is Leased From An Entity Controlled By The Business Owner And Is Not Included In The Business Sale.
Market Outlook And Competition: The Company’s Market Area Is Nearly Recession Proof And Is Expected To Continue Its Long Term Growth. The Metropolitan Area Of Washington Is The Fourth Largest In The Country And Leads All The Major Metropolitan Areas Over The Last 5 Years In Employment Growth. In Addition, The Recommendations Of The Department Of Defense Base Realignment And Closure Commission (Brac) Will Generate An Additional 40-60,000 High Paying Defense And Contractor Jobs In Maryland Over The Next 4 Years On Top Of The Underlying Growth Rate.
Management Training And Support: Seller Will Train For 4 Weeks At No Cost And Is Willing To Stay Full Time For 2 Years And Much Longer On A Part Time Basis – Especially In A Sales Capacity.
Reason For Selling: Retirement |
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