MICHIGAN INDUSTRIAL SUPPLIES
This Company has been selling a diverse selection of mostly U.S.-made industrial products to individuals, manufacturers, municipalities and other businesses in its Michigan community for more than a half-century. Its unmatched product knowledge, quality service, extensive inventory and same-day delivery have made it the “go-to” local supplier for industrial tools and materials. Its customers in the prosperous, industry-rich region it serves include food processors, machine shops, tool and die makers, machine builders, manufacturers, contractors, schools, farms and do-it-yourselfers. It has earned tremendous loyalty among its 300 active customers, nearly all of whom are within 20 miles of its location. Despite its success, the Company has unrealized growth potential which presents an outstanding opportunity for the right buyer with a sales background and industrial products knowledge.
Increased sales, marketing – The Company could grow by hiring additional inside and outside sales personnel
to maintain contact with current customers and attract new ones.
Weak online presence – A website update is overdue. Customers currently cannot view the Company’s
products online, much less place an order.
Unique service – The Company is the only supplier of its type in the manufacturing-rich community where it’s based.
Product knowledge – After decades in business, Company personnel understand industrial supplies and customers’ needs.
Customer loyalty – Nine of its top 10 customers have been buying through the Company for at least 10 years.
Buy American – Most of the Company’s products are U.S.-made – a distinct advantage in its conservative community where many buyers prefer domestic goods.
Get it now – Local customers receive free delivery, with multiple trips scheduled each day.
2021 Revenue: $ 1,200,000
2021 EBITDA: $ 30,000
2021 SDE: $90,000
Contact: NuVescor Group