This well-established industrial supplier, founded in 1972, specializes in critical components like hoses, fittings, and related equipment. The company primarily serves the robust oil and mining industries from its strategic locations in Utah and Wyoming, boasting enduring supplier relationships, including exclusive distribution rights with key manufacturers.
This is a turnkey business with high customer retention exceeding 80% and multiple revenue streams. The furniture, fixtures, and equipment (FFE) valued at approximately $200,000 and inventory valued at approximately $1,100,000 are excluded from the asking price. The company operates effectively through both retail storefronts and proactive outbound sales, with a strong emphasis on specialized repair services that significantly enhance its value proposition.
The two strategic locations provide diversified market and industry exposure, offering a solid foundation for continued success. Significant growth opportunities exist through digital transformation, geographic expansion into new territories, and enhancing current service offerings.