$1,495,000
Est. payment /mo
Price Dropped by $405K
Long Beach, CA 90807
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26021514
HOA Y/N No
Property Description
Excellent stable business with exponential growth opportunities. Long-established industrial and scientific supply distributor serving institutional, regulated, and research-intensive customers throughout the United States. Founded in 1955 and solely operated until 1999, it has been under current ownership since 2001, the Company has developed deeply embedded, specification-driven relationships with Fortune 100 companies, national laboratories, universities, and advanced manufacturing organizations over its continuous 70 year operation. Currently minimal owner involvement (absentee), no debt, negligible inventory, and a highly experienced Operations Manager with approximately 20 years of tenure who is committed to remaining post-transaction. Customer relationships are institutional and have remained intact through prior ownership transition. The business is suitable for strategic acquirers and can also be operated as a sophisticated owner-operator enterprise. The Company's revenue is characterized by specification and SOP-based purchasing behavior rather than discretionary buying. Once products are approved and embedded into customer internal standards, switching suppliers requires requalification, validation, and internal approvals. Customers therefore intentionally avoid change and repeatedly purchase identical configurations for many years, creating durable, recurring demand that behaves similarly to contracted revenue without formal renewal risk. Full financial records and confidential information will be provided after execution of NDA.
Location
State CA
County Los Angeles
Area 11 - Westside
Interior
Fireplace No
Listed by David Del Monaco Professional Real Estate Service 949-418-1122, DRE #01886856
NEARBY SCHOOL & BUSINESS
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