Outstanding Supplier of Manufacturers and Resellers Business For Sale

Business description

Outstanding Supplier of Manufacturers and Resellers – This 15 year old Middle Tennessee company is located some distance from Nashville and serves a relatively large geographical area. This company has consistently enjoyed excellent growth and profitability. The Owner, who is in his 40s and appears to be in excellent health, is willing to sell this business because he has (apparently hereditary) diabetes and high blood pressure. However, he would prefer to stay on for an additional five years or so, transitioning to an incentivized sales position as soon as is reasonably possible. (He is especially good at selling.) This company has an outstandingly effective business model and great relationships with their customers. The company sells durable goods directly to (and for use by) manufacturers and also sells to resellers / retail outlets, who sell to the general public and other small volume users. The Seller prefers to keep the real estate, and the business is being marketed without it. If the Buyer insists, the Seller is also willing to sell the real estate in order to sell the business.

Furniture, Fixtures, & Equipment: $40,000
Vehicles and / or rolling stock: $152,000
Inventory: $1,412,000
Accounts Receivable (if included): $-0-
Land and Building (if included): $-0-
Other Assets: $-0-
Current Liabilities to be assumed: $-0-
Current Notes to be assumed $-0-
Asking Price: $3,400,000
Down Payment: $680,000
Annual Sales Volume: $1,122,000
Cash Flow: $367,000

Property information

Real Estate:

Lease

Lease terms:

17,000 sq. ft. of mostly shed-type buildings to be rented for $2,000 per month.

Location:

The business is located on a fairly busy street in a mostly-commercial and industrial area.

Other information

Expansion potential:

The great growth of the company should continue. The Seller wants to stay on for five more years as an incentivized salesman. Since he is a great salesman, this should make continued growth and profitability relatively easy to attain.

Competition / Market:

This business has found a niche within a larger market. The result has been excellent growth and profits.

Support & training:

90 days part time for free

Reasons for selling:

The Seller wants to retire at 50, as he has diabetes and high blood pressure. The diabetes appears to be hereditary / genetic (as he appears to be in great “shape”), and it reduces his stamina.

Trading hours:

Mo.-Sa. - 7:00am - 5:00pm

Financing available:

Third party.

Furniture / Fixtures value:

$192,000

Inventory / Stock value:

$1,412,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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