Successful Parts Distributer Opportunity - Business for Sale
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Parts Distribution Company in North Central Michigan
MI, US
Added 5 months ago
Industrial Parts Distributor
39 years in business
Retiring Owner
This business is a wholesale and distribution company supplying manufacturers with spare parts and value-added services, operating from North Central Michigan with real estate included in the sale.
Key Information
Asking
$2.2M
Revenue
$4.6M
Earnings
$610K
Multiple
3.6x
Key Highlights
- Business has been operating for 39 years
- Located in Gladwin County, MI
- Price includes real estate and inventory
- Four employees plus the owner operate the business
- Largest customer comprises less than 13% of annual sales
- Recent website upgrade expanded ecommerce services
- Seller envisions an asset sale, retaining cash and accounts receivable while retiring all liabilities
Contact Info
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