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Specialty Manufacturer/Distributor

Des Moines, IA (Polk County)

Specialty Manufacturer and Distributor
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Asking Price: $760,000

Cash Flow: $306,500

Gross Revenue: $2,012,252

EBITDA: $246,500

FF&E: $157,134

Inventory: $300,000*

Real Estate: N/A

Established: 1948

*not included in asking price.

Specialty Manufacturer/Distributor

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Business Description

This 70 year old specialty manufacturer and distributor company for sale in Des Moines, Iowa is a stocking distributor of consumable supplies for a variety of industries as well as a manufacturer of specialty products. The company specializes in custom work and can handle any size orders. With a strong reputation for competitive pricing and a loyal staff delivering excellent service, the company has established a large customer list with repeat business throughout the United States.

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Detailed Information

Location:
Des Moines, IA
Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 18,792 square foot facility located in Des Moines, Iowa is ample space for the manufacturing equipment, warehousing and offices needed to run this business. The current owners are open to leasing the building or the business may be moved. The roof, floors and bathrooms have recently been remodeled. The air conditoner/furnace are new and the parking lot has new concrete.
Competition:
This company has been successful for over 40 years because the owners chose to diversify their product offerings. Therefore, the business really has no direct competition in what they do and their customer list covers many industries.
Growth & Expansion:
The company has developed a strong web presence with the majority of requests for quotes coming through the internet. Opportunities for growth can be found by adding a sales force to call on larger accounts and by growing the offerings for manufacturing and distribution.
Support & Training:
As required.
Reason for Selling:
Retirement.
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Dennis Henderson

Business Listed By:
Dennis Henderson

Benchmark Business Group

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