EXECUTIVE SUMMARY

BUSINESS:   This company, established over 35 years ago, is a B-to-B distributor of technical tools, tool kits, safety equipment, cleaning supplies, and components to commercial, industrial, service companies, and other distributors.  They inventory their custom product offerings that are particular to their client’s needs, which creates great convenience for their clients and repeat business.  There is very little competition within the niche markets they have been serving since 1988.  The necessity of some of their clients to continually maintain their products and equipment in the field creates steady sales regardless of macroeconomic cycles.  Most of their current clients have been with the Company for over 20 years and stayed with the Company through the previous ownership change in 2000.

EMPLOYEES:  There are currently four full-time employees, and the Owner handles the general day-to-day management.

GROWTH:   Additional sales staff, expansion into more industries, and additional product lines would produce future growth.

FACILITIES: Located in the Greater Metro of Minneapolis/St Paul, the Company operates out of a leased 6,770-square-foot facility. A new owner could expand out of the current location.

REVENUE / EARNINGS:                         REVENUE                               EARNINGS

2023:                                                      $3,373,071                             $733, 410                                         2022:                                                      $3,606,103                             $734,935                                      2021:                                                      $3,475,087                             $666,828                                        2020:                                                      $3,654,618                             $850,033 

6 year weighted average is $772,700

ASKING PRICE:  The asking price for the Business is $2,950,000, including an inventory of $350,000.