Florida East Coast Industrial Supply And Fasteners Company For Sale

Business description

The company was founded in 1975 and has always focused on being the best single source for all your industrial supply needs in the Florida. Our sales force and inside sales staff have over 180 years of combined industry experience. With our record of sales expertise, we can provide service in a way no other source can. The company markets a complete line of high quality, maintenance products, such as cutting tools, fasteners, hydraulic hoses and fittings, welding alloys and aerosol chemicals. Products are directly sold to maintenance departments of industrial, institutional, governmental, construction, and transportation accounts. The company does business with virtually all the City Governments in their area, along with the Public School Systems as well as the Department of Transportation and other state agencies. In the private sector the customer base consists of Florida Power and Light along with major Newspaper Companies and major boat manufacturers.

Property information

Location:

East Coast of Florida

Premises details:

The owners of the business also owns the warehouse and pays themselves $66,000 in rent

Other information

Expansion potential:

Unlimited

Support & training:

3 months at no cost and will stay with the company for agreed upon compensation

Reasons for selling:

Retirement

Trading hours:

Monday thru Friday 8:00 A.M. to 5:00 P.M.

Financing available:

Owner financing not offered

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$1,500,000 (included in the asking price)