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Industrial Machinery Wholesale Company for Sale in Mandra, Greece

Well-established wholesaler and retailer of screws, tools and industrial goods to 1,000+ clients in Greece.
This Business is on a Premium Plan
Established 50-60 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 1.07 million
Run Rate Sales USD 1.08 million
EBITDA Margin 20 - 30 %
Industries Industrial Machinery Wholesale
Locations  Mandra
Local Time 11:58 AM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: EUR 600,000)
Reason: The business is offered for sale due to the retirement of the main shareholder. The property (build... View More
Includes physical assets worth USD 650 thousand
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Business Overview
The company is a wholesaler and retailer specializing in screws, fasteners, tools, and industrial goods with a rich history of 50+ years.
- Operating from Mandra, Greece, the business efficiently imports a diverse array of products, primarily collaborating with large construction and trading companies in China and France.
- With approximately 1,000 active customers across various sectors, the customer base includes metal building construction companies, major local refineries, smaller construction firms, industries, car repair shops, and individual consumers.
- The business model is driven by a significant focus on construction, with around 70% of revenue generated from large and small constructors, highlighting a robust demand for their high-quality products.
- The company's strategically located facility enhances logistics, providing easy access to Athens and key markets throughout Greece, thus optimizing distribution and customer service.
- With only 5 employees, the company maintains a lean operational structure while achieving a high turnover due to the appealing average cost of goods in the inventory.
- As a registered S. A. company, we operate without the need for special licenses, simplifying compliance and fostering efficient business operations.
Products & Services Overview
The company is an importer operating in Greece, active in the wholesale and retail sale of screws, fasteners, tools and industrial goods.
We collaborate with large construction and trading companies abroad (mainly China and France) for importing a wide range of products.
Assets Overview
The buyer will get all merchandize in stock, which is calculated at around EUR 500,000.
Also, the warehouse equipment, the company truck, and the office equipment, with a value of around EUR 60,000.
Intangible asset is business goodwill of 50+ years.
Facilities Overview
- Own commercial building with a total area of ​​870sqm, on a portion of the plot - vertical ownership of 850sqm.
- It consists of a ground floor with a loft, a 1st floor and a basement. The construction was completed around 20 years ago.
- The ground floor houses the store and the sales area, while the loft houses clerk offices and a small storage area.
- The 1st floor is used for office purposes under a permit.
- The basement is entirely used for storage, with a direct communication/access from/to the surrounding area on the eastern boundary of the plot, via a ramp. Vertical communication between the building levels is made via either a staircase or the elevator. The building is also equipped with ground floor-basement lifts for the merchandize.
The building can be given for EUR 4,200 monthly rent. In case the buyer wishes to buy the building, it can be offered for sale.
Capitalization Overview
Purchases are paid upon order to avail discounts or after a 30-day credit period.
Sales are paid by 60% on order, and the remaining 40% after a 30-day credit period.
The company is self-funded for working capital.
Owned and operated by 1 individual.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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