Industrial Air Filter Distributor For Sale

Business description

This Virginia S-corporation, has been serving Virginia’s industrial filtration needs for 46 years having been founded in 1962. In recent years the Company’s sales have extended to regional, national and international clientele (via government bids and Internet orders). This is a growing market and one that the Company is successfully expanding in. The Company strives to provide quality, competitively priced products that are supplied in a timely and efficient manner. Additionally, the Company has been a leader in air filtration consultation services and problem solving. As would be expected with any business that has been operating for 46 years, a strong reputation and loyal customer base are in place. The Company has a talented and experienced staff that is focused on the customer, and has the quality products and expertise to properly serve them.

Property information

Real Estate:

Real Property Included

Lease terms:

The 22,500 sq. ft. facility is centrally located in a major metropolitan area just 1.5 miles off of a major interstate. The owners are willing to sell the property for $1,000,000 or a five year NNN lease is available at the current rental rate of $90,000 annually with a 3% annual escalator.

Location:

The 22,500 sq. ft. facility is centrally located in a major metropolitan area just 1.5 miles off of a major interstate. The owners are willing to sell the property for $1,000,000 or a five year NNN lease is available at the current rental rate of $90,000 annually with a 3% annual escalator.

Other information

Expansion potential:

This Company has many positive factors that any acquirer will be able to use to grow the business. The longevity, reputation, and staff that the Company has developed during the 46 years in its industry mean that a buyer can be confident of future performance. They know they are purchasing a Company that has a proven track record of profitability, and that all they need to do is continue to build on the strong foundation already in place.

Competition / Market:

Current ownership believes that the Company’s dedication to customer service/satisfaction is what has differentiated it from its competitors, and what has enabled them to have such success. Additionally, the Company’s consultative services and expertise are truly unique in its marketplace and provide the Company with a significant competitive edge. The amount of repeat customers, the Company’s longevity, and the expertise of its employees go a long way to proving this belief. Over the years the Company has proven to be reliable, and its customers have come to count on it for their filtration needs.

Support & training:

Owners are willing to perform a normal transition or to stay on long-term at buyer’s discretion.

Reasons for selling:

Retirement

Trading hours:

normal hours

Financing available:

SBA Pre-Approved

Furniture / Fixtures value:

$20,561

Inventory / Stock value:

$208,977

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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