Description of the business for sale
Exceptionally well established 25 year old business is in the wholesale supply business primarily to the oil patch. A primary focus of the business is industrial valves and fittings. Business has built over the years a large base of loyal repeat customers. Seller is ready to retire and has done little to grow the business in the last few years. With an aggressive new owner and a good marketing plan this business has significant upside growth potential as the oil patch is booming and should continue to do so over the next decade. Sale includes real estate personally owned by the seller. The real estate consists of a lot about 100 X 140, an office warehouse about 4,800 sq ft and a small house about 1,200 sq ft which could be rented. Business is located in a large, fairly affluent, fast growing city in the heart of the south Louisiana oil patch. City is a great place to live and raise a family. It has abundant, affordable housing; good schools; and outdoor recreational opportunities abound. Many consider it a hunter/fisherman s paradise. Seller will thoroughly train new owner on this very easy to own and operate business. Seller is motivated to sell. Seller will seriously consider and promptly respond to all reasonable offers. Come see this very attractive business and make offer.
Support / Training provided by seller
Available
Description of the facilities
ADDITIONAL FINANCIAL INFORMATION:
• Inventory: $350,000.
• FF&E: $70,000.
REASONS FOR SELLING: Retirement.
EMPLOYEES: Full-time: 1, Part-time: 1.