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Details - Information last confirmed on May 11, 2021
For many decades, this stocking wholesale distributor, located in the heart of the vibrant and growing Phoenix Metro Area, has offered a complete product line to a diverse customer base in a healthy specialty segment of the automotive and marine aftermarkets. This is a rare opportunity to acquire a long-established business with consistent repeat orders from its many satisfied, long-time customers. The Company has a fully trained and long tenured staff in place, maintaining customer relationships, processing orders, and making deliveries, allowing a new owner to hit the ground running. There are many opportunities to grow the business including expansion to adjacent market segments, adding outside salespeople and other growth initiatives.
The business operates out of a 21,000 SF warehouse located on a 2-acre parcel, centrally located with close access to major freeways. The warehouse is at approximately 50% capacity, providing a Buyer with the flexibility to add adjacent market product lines or to utilize the space for another business. The parcel has room for an additional, similarly sized building or the space could be used for outside equipment storage. The property is offered for purchase at a price of $1,995,000, solely to a Buyer of this distribution business.
The Company’s business has been only moderately impacted by the COVID pandemic. While the business qualified as an essential business and has been able to remain open throughout this period, the Company’s revenues for 2020 were approximately 7% lower than 2019.
This proposed transaction is highly confidential. Interested parties will need to demonstrate professional and financial suitability and execute a Non-Disclosure Agreement prior to obtaining additional information.
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