Industrial Products Business, Warehouse, NC
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Asking Price
$3,700,000
Detailed Information
Business Description
Here's a concise, human-readable description of the business described: For over 55 years, this long-standing industrial products business has served a variety of industries including pharmaceutical, food, manufacturing, and packaging. Known for its top-notch customer service, competitive pricing, and high gross profit margins exceeding 60%, the company operates from a well-equipped warehouse with ample inventory ready for shipping. Staffed with skilled professionals, the company navigated the challenges of the Covid Pandemic successfully and boasts a record of strong sales and earnings. The current owner, seeking retirement, is looking to pass on this thriving business along with its loyal customer base and solid vendor relationships to a new owner. The owner will assist in the transition to ensure a smooth change in ownership. Additionally, the property is included in the sale, offering an option for the new owner to discuss acquiring it as well. With annual revenues exceeding $3.5 million and healthy earnings, this business presents a lucrative opportunity for interested buyers to take over and further