Offered Exclusively Through Keate Partners

ACQUISITION OPPORTUNITY DM-1727

INDUSTRIAL DISTRIBUTOR / SPECIALTY MACHINE SHOP

This long established industrial hardware supplier and specialty machine shop serves customers in the construction trades, equipment riggers and movers and manufacturers dependent on these specialty applications.

BUSINESS HIGHLIGHTS

· Niche distribution/light manufacturing business with strong margins.

· Broad customer base; limited competition.

· Adjusted cash flow ranging $183,000 to $211,000 per year.

· Excellent supply agreements - long standing relationships for over fifty years.

· The Company relies on word-of-mouth marketing - business is positioned for future growth and expanded territorial coverage.

· Current management retiring, will stay on through an orderly transition.

PURCHASE PRICE

The business is offered at $550,000 cash, free and clear of debt, and all liabilities. Assets of approximately $235,000 included.

FINANCIAL SUMMARY:

	6mos 2001	2000	1999	1998	Adjusted Balance Sheet
Sales	$231,000	$544,000	$586,000	$577,000	Current assets	$175,000
ACF	71,000	183,000	211,000	189,000	Fixed assets (esti. FMV)	60,000
					Total Assets	$235,000
ACF (Adjusted Cash Flow) is the pretax cash flow of the company prior to expenses of seller’s salary, depreciation, and certain seller discretionary expenses that will be eliminated upon the sale of the business.

FOR FURTHER INFORMATION CONTACT KEATE PARTNERS (513) 241-3700