Profitable Fastener and Tool Distributor in Tennessee with 25-Year History

This is a highly profitable fastener and tool distribution company with a 25-year history, located in Tennessee. The business supplies a wide range of fasteners and tools to various industries, including construction, truck manufacturing, and consumer sectors. It also acts as a second-tier supplier, providing specialized assembly kits to OEM and After Market providers in the Heavy Trucking Industry. With distribution channels spanning six states, the company has built a solid reputation for competitive pricing, punctual deliveries, and superior quality. The real estate, valued at $1,100,000, is owned and included in the asking price. Furniture, Fixtures, and Equipment (FF&E) are valued at $135,000 and included, as is inventory valued at $185,000. The facility sits on 1.5 acres and includes an office, retail desk, and a fully air-conditioned and heated warehouse, with ample room for expansion. The company is the sole provider of kitting services in the region, offering a competitive advantage. Growth opportunities exist by having an active owner-operator focus more on field sales and new customer acquisition. The current General Manager, who is also the key salesperson, is staying on, and the seller will provide 30 days of training. The owner is selling due to retirement.