- Price: $2,800,000
- Gross Revenue: $8,091,288
- Sellers Discretionary Earnings: $709,891
- Location: Minnesota
- Employees: 25
- Years Owned: 35
- Inventory: $1,728,237
- FF&E: $270,542
- Support & Training: 6 weeks
- Reason for Selling: Retirement
With multiple major market locations in MN, this business is a distributor for over 300 manufacturers in the construction trades industry. Specializing in providing quality power tools, fasteners, air tools, compressors, lasers, ladders, abrasives, hand tools, benders, scaffolding, generators, and equipment. They have all the supplies needed; a one quick, "pick it up and back to the jobsite". They have expanded to four stores with a huge on-site inventory and each location is staffed with smart repair technicians. Introducing only quality products to our customers, their goals are to save their customers time at the jobsite and to be recognized as offering the best overall value. This business has a superb tool repair department to help minimize down-time, which saves customers time and money.
- Service is primary! Their reputation has been built on excellent customer service for the last 35 years. Every location has its own repair department, and knowledgeable sales staff to support serious contractors' needs.
- Owner is ready to retire, will offer ample transition, will consider employment, if needed. Current owner manages & oversees operations, with well trained staff
- Sales & Service of New & Used Tools & Equipment for the Professional Contractor & Industrial User.
- Repair & Refurbishment shop & staff on site.
- Jobsite Delivery If customers need deliveries to the jobsite, they can do it! All branches can get products to the jobsite. They have a fleet of delivery vans moving all over the state of Minnesota.
- Outside Sales The outside sales staff is ready to call on customers’ office or shop today. The knowledgeable staff is ready to show the latest products on the market, pick up broken tools, and re-supply them with the needed consumables .
- WARRANTY REPAIR Business is an Authorized Warranty Center for all the major brands of power tools: Makita, DeWalt, Hitachi, Bosch, Milwaukee, Porter Cable, Rol-Air, Senco, and more. All purchases are cataloged in their database, if tools are purchased from them, customers do not need a receipt to get tools repaired under warranty.
- Real Estate 3 Owned locations with add’l tenants 1 leased location. Seller asks $5.2 million, will entertain a lease for a Buyer who desires it.
In business for 35 years, the multiple location company services 4 major MN markets. With a solid reputation for serving customers the right way, the company has enjoyed many years of profitable & growing business.
Many sell tools and supplies, few stock & provide over 300 brands to professional contractors & industrial locations with personal service, including repair, outside replenishment sales & deliver, jobsite delivery, repair & warranty work.