S333 - Distributor of Instrumentation and Con

Distributor of Instrumentation and Controls

Location

City South Central
State TX
County

Financial Information

Asking Price $2,500,000 (incl WC) Show Loan Calculator
Down Payment
Annual Receipts $4,785,000 (est 2012)
Cash Flow $1,187,000 (est 2012)

General Information

Description Distributor of quality products and services to the oil, gas and chemical industries is available. Products offered include a wide variety of instrumentation and controls. Retail and direct sales account for the majority of business income, but the company has also earned a strong reputation that has spread beyond its local area for its service capacity that includes training and consultation. Their reputation is verified by an extremely high rate of repeat customers. The company also does design and manufacturing for custom orders. Located in a prime area to service the Eagle Ford Shale activity it is also in a region where major corporate customers continue to grow and the company is not dependent on any one industry for success. A well-trained staff is in place with most having ten or more years with the company. The large Office/Warehouse could be leased or purchased with the business. The owners are looking to entrust the business to new owners who will build on past success and continue business growth. The owners are willing to stay on under an employment or consulting agreement. The Asking Price includes $330k in A/R, $389k inventory, and $250k FF&E, less $102k in payables. CF and Revenue numbers are annualized 2012. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Frank Duringer at 210-348-8989 or email at info@bbofsa.com for more information.
Reason For Sale Retirement
Franchise No
Home Based No
Relocatable No
Year Established 1970
Year Acquired
Employees 8 FT

Building Information

Building Sq. Footage 16,000 square
Monthly Rent $4,000 mo
Real Estate Available Yes

Contact Business Brokers of San Antonio for more information.