Primary Category:Other Automotive & Boat Businesses for Sale
Long established third generation tool and equipment distributor business for sale known for quality tools used by professionals. This family owned business located north of Pittsburgh has been providing its customers with tools and equipment for 80 years through mobile trucks and a well stocked warehouse and showroom. They are a direct distributor of major brands such as Milwaukee, Ridgid, SK Hand Tools, Channellock, Sunex Tools and Gearwrench. This business belongs to two national buying groups resulting in maximum return on group buys and volume rebates. These benefits translate to better gross margins and a competitive edge on the competition. The industries serviced include auto, industrial, fleet, AG and Vo-Tech. They are well known in the tri-state area for larger size sockets to 4 ½” and wrenches to 3”, as well as many other specialized products. A buyer could realize new opportunities in the oil and gas industry with additional outside sales. The sale includes vehicles and all furniture, fixtures and equipment needed to make it a turnkey business. If you are interested in owning a business in a very lucrative industry please contact Charles Fink, Certified Sunbelt Main Street, Senior Business Broker at [email protected] or call 412.310.6667.
Financial Information
$798,499
Asking Price
On request
Cash Flow
$1,266,176
Gross Revenue
On request
Down Payment
On request
Adjusted EBITDA
Business Location
City:
Pittsburgh
State:Pennsylvania
Reason for Sale
Owner Retirement
Detailed information
Year Established:1970
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 5
Part-Time Employees:1
Contractors:N/A
Owner Worked Hours/w:40
Inventory Included: Yes
Inventory Value:
$661,727
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$263,760
Building Size: 5800
FF&E Included?: Yes
FF&E Value: $105,685
Training/Support
Seller will provide a training and transition period depending on the needs of the buyer.