Virginia Industrial Fasteners Wholesaler Inventory Included For Sale

Business description

Wholesale Sales & Delivery of Industrial Fasteners: nuts and bolts (all types and sizes, metric and standard), electrical fasteners and connectors, specialty automotive fasteners, fasteners for hydraulic and compressed air devices. No retail - sells directly to the end user. Customers consist of quarries, trucking companies, asphalt plants, heavy equipment contractors, state and local governments and manufacturers. Business to business sales and service.

A very simple business where increasing sales is simply a function of developing relationships with new customers and proving quality service. Strong customer base now; lots of room to grow. Very high gross profit margin. Motivated seller wants to retire!

The business operates in attractive and functional rental space in an established industrial/commercial park, suburnan area, Central Virginia The space consists of 1,692 square feet - 1,560 square feet used for inventory storage, and 132 square feet of office space. Rent is $1,000 a month, just $7 per square foot. Accommodating landlord no problem anticipated assigning the lease to a new owner. Or, the business can easily be relocated to any facility that is convenient for service and delivery to customers.

Present owner is operating the business on a part-time basis, about 2 1/2 days a week. Increasing sales, and profits, is simply a function of agressively marketing and sales.

Property information

Real Estate:

Lease

Premises details:

1,692 sq ft, $1000.00

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: Monday-Friday

Employees:

Full Time: 1, Part Time: 1

Years established:

24

Other information

Financing available:

Downpayment Required: NEGOTIABLE
Financing is Available

Furniture / Fixtures value:

$75,000 (included in the asking price)

Inventory / Stock value:

$150,000 (included in the asking price)