Mfg. - Industrial & Comm. Machinery

Asking Price	Not Disclosed	Inventory	$200,000*
Gross Income	$2,430,000	Real Estate	$200,000*
Cash Flow	$601,000	Year Established	1965
FF&E	$35,000*	Employees	5

* included in the asking price

** not included in the asking price

Founded in 1965, this family owned business distributes a complete range of valves, piping and industrial equipment to private, industrial and government entities. Sales are divided between product sales (67%) and services (33%). During the last 4 years gross revenues have averaged over $2M per year with cash flow over $430K annually. This has been accomplished with a small dedicated staff and manager. Competition is well established but limited in the marketplace. All financial metrics are above industry average with a solid infrasturcture in place. With current limited marketing and expansion into other service areas, the company is well positioned for growth.

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Facilities: Well established Hwy location with older building containing dedicated office, retail/wholesale sales and shop/service areas. There is a large outside yard for delivery, storage and parking behind the building. Inventory level averages about $200,000. Trade Fixtures & Equipment are adequate to handle customer needs. Currently, there are is no outside delivery or field service crew/vehicles.

Competition: After 3 years of $2,000,000+ revenues, management expects 2009 revenues to dip slightly, maybe as much as 15%, based on January and February results. The company's stable customer base should allow it to weather the economic storm better than its rivals. Competition is well establihsed but limited to a handful of players in the market.

Growth/Expansion: Although not completely immune from the economy, management hopes to see 2009 revenues at 80-90% of 2008's record gross sales at $2,400,000. Historically, there has been little to no advertising and they have never had an outside salesman or field services division. There are opportunities to increase revenues by adding more depth to certain lines and offering customer delivery through the addition of a delivery truck.

Financing: Negotiable

Support/Training: Yes

Reason Selling: Retirement