Business description
This industrial distribution parts company, located in Central Arkansas, is very profitable with no employees. They sell to OEM's, manufacturing plants, motor shops, and part stores. There is also a retail component. Approximately 75% of business is wholesale, with 25% retail. The business has been successful without the use of any outsided salesforce. Employing a salesforce could gain more market share.
Property information
- Real Estate:
- Lease
- Leasehold rent:
- $5,532 per annum
- Location:
- Located in an industrial area of a large Central Arkansas city.
Business Operation
- Expansion potential:
- Establishing an outside sales component is one way to grow this business. Another would be to inject enough operating capital to allow for expansion of accounts receivable which would broaden the marketbase that the company currently serves.
- Competition / Market:
- Only one main competitor in immediate area.
- Reasons for selling:
- Retirement
- Trading hours:
- M-F Normal Business Hours
- Employees:
- 0
- Years established:
- 7
Other information
- Support & training:
- Owner will stay to train for 30 days, and would be willing to stay on at a salary for a longer period.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- $100,000 owner financing available to qualified buyer.
- Furniture / Fixtures value:
- $3,500 (included in the asking price)
- Inventory / Stock value:
- $51,712 (included in the asking price)