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Advert Ref: 4507

Piping & Valves Industrial Distribution & Manufacturing Business For Sale

Details: Asking price:Over $5m; Sales revenue:$17,000,000; Net profit:$1,800,000; Fixtures value:$400,000; Inventory value:$3,000,000

Business description: thThis business was founded many years ago by the current owner. There are 3 offices in the southeast. Products sold range from specialty pipe, fittings & accessories to valves of many types to many other plastic or fiberglass materials. Sales are to industrial customers, many of which are fortune 500. The company fabricates, bends and performs specialty services to the products that give them a competitive advantage. They are well known for having their products on hand and available on demand. The company is an "S" Corp. and the Seller is looking to maximize the sale for capital gains treatment. The asking price for the business is $10,000,000 (excludes R/E, accounts receivables and cash - but includes all inventory). Sales and cash flow have been quite strong in 2005, 2006 and 2007 with 2008 proving to be just as strong as 2007. Sales were approx. $13M in 2006 and $11M in 2005. This business is available for principals only (no brokers or buyer reps). Buyers must sign a Confidentiality Agreement to get additional information. Please contact Bill Law, the listing broker.

General information: Years established:33; Employees: 22; Real Estate: Real Property Included; Location:The headquarters consists of 27,000 SF of which about 6,000 SF is office. This is owned personally by the Seller. There is no current appraisal, but is believed to be about $1M. It is optional with the sale. There are 2 branch offices in leased space.; Expansion potential:There is plenty of room to expand sales of existing products in the current southeast territory. The territory can be expanded and other products can also be added to compliment sales.; Competition / Market:This business performs services many competitors do not. They also carry a large inventory and can get the product to the customer much quicker than most.; Support & training:Seller will transition the business as needed.; Reasons for selling:Retirement and Health; Financing available?Seller financing will be considered on a Buyer for Buyer basis.