High Volume/Repeat Clients
This company is a supplier of stainless-steel fittings and valves for the dairy processing, food processing, bakery, beverage, brewery, and water filtration manufacturing industries across the United States, Canada, & Puerto Rico. Operating out of multiple warehouses, this company stocks and has access to inventory parts (see Products & Capabilities) unlike other distributors in their market. This company is not a turnkey operation. They do not supply engineered products or heavy equipment and expect the pharmaceutical and wine/seltzer industries to be significant and immediate growth opportunities.
The company specializes in the distribution of 3-A certified ½”-12” sanitary fittings & sanitary tubing, ½ to 8” sanitary valves, and 1”- 3” sanitary filter/strainers & sanitary manufacturing accessories. The company stocks nearly 2000 SKU’s and restocks inventory 4-5 times per calendar year. The company only works with twenty-three certified 3-A stainless steel manufacturers based in China, Taiwan, Thailand, India, and the United States.
The company currently works with over 275 distributors and OEM’s and have many 20+ year relationships. Each sales team member has long term tenure with the company and are responsible for managing multiple client leads both internally and organically driven.
Revenue has grown at 12%-18% every year since 2011. The company attributes its growth to unsurpassed industry and product knowledge, consistently available inventory, same day (complete) shipments, honest communication with suppliers and distributors.
The company finds success in competitive pricing but has found that relationships, product availability, & shipping times are the critical components to their customer’s bottom line.
Listing Price: Market ValueThis business was recently sold by Viking Mergers & Acquisitions. Please view our other listings or contact us if you are interested in buying or selling a business.