Oct 15, 2019 — The Company was founded over 60 years ago, and has become a leader in its industry. It has an exceptional reputation for distributing a specialty industrial mechanical product utilized in the movement of bulk materials. They advise their customers on the application and sources of the product, and have become well known for their leadership in product expertise and service. The Company distributes the product for many national and international manufacturers to various industries, and has developed a competitive advantage by offering a much wider product selection and more services than most.
Its online presence has become the primary method used by the Company to interact with its broad base of loyal, repeat customers (almost 3000 in their data base). By offering a wide variety of products designed to the specs of the customer at competitive prices, the Seller has developed a base of loyal, repeat customers. Also, the Company’s website features a proprietary software platform for customers to use to help them determine the most efficient solution for their project. The Seller will provide training and transition to the Buyer, and the business has been prequalified for favorable SBA bank financing. This is an excellent opportunity for either an individual or a strategic Buyer having related products.