| Overview |
| This West Coast distributor of machine tools and industrial supplies has been in operation for over 50 years. It`s on the market due to the retirement of the managing owner. It has multiple locations and specializes in top of the line products and high quality technical assistance to its customers. This strategy has resulted in customer loyalty and reliance on the company`s expertise. Sales were nearly $8MM in 2006 and continue to grow. Inventory of over $1.3MM is included in the sale. The general manager who has overseen the company`s growth is willing to stay. A new long term lease is available. |
| Operations |
| No. of non-owner employees: |
20 Full Time, 0 Part Time |
| No. of working owners: |
0 Full Time, 0 Part Time |
| Licenses required: |
Inquire |
| Hours of operation: |
Monday thru Friday 7:00 to 5:00 |
| Price & Terms |
| Purchase Price: |
Call |
| Inventory: |
$1,337,773 Included in price |
| Furniture, Fixtures & Equipment: |
Included in price |
| Lease or Real Estate |
| Base Rent: |
$7,000/month |
| CAM: |
$429/month |
| Lease: |
Expires 2017 option for 5 years |
| Building Size : |
12,940 sf |
| Franchise Fees |
| One Time Transfer: |
|
| Royalties: |
N/A |
| Training: |
N/A |
| Other |
| Organization Type : |
S Corp |
| Reason for Sale : |
Retirement |
| Training by Owner: |
3 Weeks, 40 Hours Per Week |
| To Receive More Information |
| Email Claudia |