Wholesale Distribution Business for sale in Hamilton Southwestern Ohio Ohio

Packaging Equipment, Material Sales, and Service Company

Location : Ohio - Hamilton -Southwestern Ohio

Category : Wholesale Distribution

Asking Price : $ 2,800,000

  • Sales revenue : $ 11,349,500
  • Net profit : $ 1,343,800
  • Furniture/Fixtures value : $ 10,000
  • Inventory/Stock value : $ 265,000

Business description

This 20+ year company is owned and operated by the original and retirement aged seller.  2017 sales were over $11,000,000 with owner earnings exceeding $1,300,000.  This company separates itself from the competition by offering superior technical support including equipment installation, training services, and preventative maintenance services after the equipment is sold.  Sales consist of new machines, film, replacement parts, and service. The business is offered as an asset purchase, free and clear of debt. The seller will train in all aspects of the business and will be available for an extended period of time to ensure a smooth transition.  Other highlights include:

SBA loan qualified

Broad customer base

Excellent tenured staff

Deep industrial experience

Turnkey installation service

No customer more than 10% of sales

Clean financials – all numbers are verifiable

2018 First Quarter Sales Exceeded $3,500,000

2014 – 2017 Sales Average of $9,916,954

2014 – 2017 Average Owner Earnings of $973,305

Other Information

  • Years established: 1991
  • Employees: 7
  • Trading Hours: Monday through Friday
  • Competition:There is certainly competition in this industry, but the relationships that this company have developed run deeply.
  • Expansion:The company has done little to no advertising or marketing. Internet marketing would certainly be a great way to grow in addition to adding to the sales staff.
  • Support Training:The seller will train in all aspects of the business and will be available for an extended period of time to ensure a smooth transition.
  • Reason Selling:The seller is of retirement age and would like to fully retire after a successful transition to a qualified buyer.
Cincinnati Business Brokers
  • Company Details : Cincinnati Business Brokers
  • Agent Detail : Dan Long
  • Phone : Click here for phone number
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