Seller's Comments and Description:
Niche Distribution & Export Management Company Seeks Equity Partner
Established over 20 years ago, the Company is a niche distribution and export management company specializing in the sales and marketing of primarily US and some European-manufactured automotive and industrial equipment and supplies to a specific geographic area of the world. Markets served include a range of buyers of premium automotive and truck oils and additives, garage equipment, tools for electrical contractors, test instruments and much more.
The ambitious owner is in his 50s and is seeking an equity partner (majority or minority) to become actively involved in the daily operations and strategic direction of the company and to assist him in launching a series of high-potential growth initiatives. Over 5-7 years, the present 100% owner would like to transition the business fully to this partner. The owner believes that the best fit for the business would be an individual with operational and financial savvy that is seeking to transition from their present career into ownership over a period of time. It is not critical that this individual live in close proximity to the Company headquarters as most of the day-to-day business is conducted via email or Skype. The owner is seeking a partner to buy in at 25-49%, however remains open to a majority buyout.
We are asking $20,000 for every 1% of equity.