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Listed by:

The Hatteras Group

Longstanding Wholesale Fabric Distributor For Sale

North Carolina, US
Asking Price:
$2,500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,200,000 (USD)
Cash Flow:
$590,000 (USD)

The Hatteras Group is pleased to represent this successful and well established industrial fabrics supplier located in the United States. In business for nearly two decades, they provide high quality knitted and woven fabric to a broad range of customers servicing end users in the industrial, agricultural, and composites industries. The company stocks significant supplies of inventory to meet customer demand and offers same or next day shipping in most situations.

The owners are nearing retirement age and ready to formulate an exit strategy which includes staying on for a period of time post sale to ensure a smooth transition. Price and terms have been established to facilitate a fast track deal closing without sacrificing the success and stability of the business.
Acquisition highlights:

Skilled and dedicated staff
- Loyal customer base across North America
- Largest customer represents only 15% of annual revenues
- Relationships with mills in the US and abroad
- 1,200 sq ft leased office space
- Warehouse and fulfilment is outsourced.
- Easily relocatable with customer concentrations on both US coasts

Business Operation

Reasons for selling:

Retirement

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

SBA Loan available for a qualified buyer

Furniture / Fixtures value:
$5,000 (USD) - included in the asking price
Inventory / Stock value:
$450,000 (USD) - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact The Hatteras Group

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