Listing Number: 13485-752588
Description
Industrial supply distributor in the rapidly growing central and Eastern NC markets. The company sales have nearly doubled in 3 years with 2023 sales of $17.5M, with $1.46M sales per employee vs $800k industry standard. EBITDA in 2023 was $1.4M, a 30% growth from 2022. The greatest opportunity for growth is by establishing online sales. The company's premier customer is currently building an approved $5 billion expansion, creating a tremendous opportunity for further growth. Company differentiates itself by focusing on relationships and proactively looking for solutions that can help customers improve efficiency while saving time and money. With two main locations, the company currently services a 120 mile radius, with deliveries by knowledgeable field employees capable of both installation and support, driving customer loyalty.
Listing Details
- Price: $ 12,750,000
- Down Payment: $12,750,000
- Sellers Discretionary Earnings: $ 1,350,020
- Total Sales: $ 17,543,000
- Location: North Carolina
- Inventory: $ 800,000
- FF&E: $ 162,000
- Employees: 10
- Reason for Selling: retirement
- Category: Distribution
