Supplier of Fluid Power Products
This company is a supplier of parts used for the maintenance and repair of industrial machinery and mobile equipment. It is a source for all seal needs, Imperial and Metric, and supplies a wide range of fluid power products – cylinders, valves, hose and fittings, seals and repairs.
Internal Id
20230515
Growth & Expansion
An ongoing, structured and sustained Marketing Program would definitely stimulate business, attract new customers and increase revenue. In addition, hiring more staff would become necessary which would further growth considerably. The local supplier network, as well as the customer base, has been stable, with little turnover in ownership. There has been consolidation among product manufacturers on the supply side, but this has not affected distributors.
Inventory Included
No
Support & Training
The owner will stay to transition to a new owner for up to one year.
Facilities & Assets
Shop is located in an Industrial Park in Kitchener. It is a street-facing unit of a multi-unit building.
Market & Competition
Main advantage over competitors is the inventory and variety of seals and products that the company maintains.
Reason for Selling
Owner is retiring.
Financials
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