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Industrial Machinery Component Distribution and Service Company
Business Description
Established distributor of component parts uses in machinery and construction equipment and a provider of design, maintenance, repair, and training services.
The business has been operating more than 30 years and has grown to become the leading distributor in the Midwest.
The primary owner and President of the company is seeking retirement. The company’s management will remain with the business post-closing and is well suited to grow the business as they expand within the Midwest.
The company serves as a product distributor of more than 38 vendors while providing comprehensive system design, maintenance, repair, and training services.
With total assets over $2M, the company operates from a modern facility equipped with specialized testing infrastructure for components and products. All equipment is in good, operational condition.
Revenue has increased from $4.6M in 2021 to $7.5M in 2024, representing a 63% increase over three years, while maintaining healthy gross margins and profitability.
With a skilled team of 8-10 employees, comprehensive vendor relationships, and a well-maintained operational infrastructure, the business offers a turnkey opportunity for a new owner to build upon its established market position and pursue new growth initiatives.
The business has been operating more than 30 years and has grown to become the leading distributor in the Midwest.
The primary owner and President of the company is seeking retirement. The company’s management will remain with the business post-closing and is well suited to grow the business as they expand within the Midwest.
The company serves as a product distributor of more than 38 vendors while providing comprehensive system design, maintenance, repair, and training services.
With total assets over $2M, the company operates from a modern facility equipped with specialized testing infrastructure for components and products. All equipment is in good, operational condition.
Revenue has increased from $4.6M in 2021 to $7.5M in 2024, representing a 63% increase over three years, while maintaining healthy gross margins and profitability.
With a skilled team of 8-10 employees, comprehensive vendor relationships, and a well-maintained operational infrastructure, the business offers a turnkey opportunity for a new owner to build upon its established market position and pursue new growth initiatives.
About the Business
- Employees
- 8
- Facilities & Assets
- Assets total over $2 million. The Seller leases a 5,400 SF modern facility. It is equipped with specialized testing infrastructure for components and products.
- Opportunities for Growth
- • Expansion into key Midwest manufacturing hubs (Detroit, Chicago, Cincinnati)
• Development of subscription-based maintenance programs
• Addition of new product lines from major machinery and parts manufacturers
• Build comprehensive inventory of hard-to-find legacy components for aging systems
• Development of standardized maintenance packages by equipment type
• Expansion into defense and aerospace sectors
• Improve website and develop an e-commerce platform with real-time inventory, technical documentation, and order management capabilities
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2332886
- Listing Views
- 2128
Attached DocumentsAttachment Disclaimer
Listing ID: 2332886 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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