Industry: Wholesale and Distribution
Listing ID: Project Spark
Listing Status: Sold
This company specializes in the distribution of quality heavy-duty products for industrial, transit and heavy-duty applications throughout the globe. Providing customers with high quality, brand names from OEM manufacturers at affordable prices.
They market primarily to the Bus Industry, as well as Heavy Duty Industrial, EMS/Fire, Commercial Trucking & Refrigeration, Commercial Fishing & Marine, Mining, Agriculture, Ariel Lift and Material Handling Industries.
This company has an excellent reputation in the industrial and commercial industries with a well-established customer base, and an excellent rapport/partnership with its suppliers.
They have been awarded several multi year Transit Authority contracts with options for extension and renewal.
Their primary service area is Canada and the USA however their export business to regions all over the world has grown exponentially.
They business has enjoyed stable sales and solid profit margins and current YTD shows significant growth of sales and profits over last year’s same period.
Exceptionally strong balance sheet with no long term debt.
Excellent location with world class facilities.
After years of experience and a growing profitable business with solid profit margins and no long-term debt, the owners would like to retire.
Total Sales: $4,000,000
Cash Flow: $675,000