Distribution Business for Sale in Olean
Business sells welding supplies, tools and safety equipment
Type of business: distribution, logistics, shipping, wholesale
Well established 38-year-old industrial supply business is priced well below market value with steady growth over the previous four years. Throughout the pandemic, this “critical support” supply business not only stayed open but increased its growth. Located on a very busy street it supplies abrasives, adhesives, drill bits, gloves, janitorial products, safety gear of all types, welding supplies and a plethora of other products. Although this business is not online, it continues to serve the public, manage company’s inventory and stock hard to find products for industry while at the same time maintaining a competitive model for profitability. The seller wants to retire with the intent to seamlessly transition the business to the new owner by working with them to ensure continued success and profitability.
Get in touch for a quote
Owner/seller financing is available.
Seller financing is available with a sizable down payment and a personal guarantee.
Key financial facts and forecast
Cash Flow: $168,423
Gross Revenue: $367,453
Reason for selling
Category: Business | Distribution
Located in Olean, New York, US