Wholesale Distribution Company In Springfield For Sale

Business description

This is a real GEM of a business! Realized 12% growth in 2011 and added two new accounts late in the year that the Owner believes will create a $500,000.00 per year increase in revenues alone. Plus the addition of three new, never before caried product lines in 2011 that the owner says will drive revenue growth as well. Started in 1990, this wholesale distribution company has grown from 400 square feet to over 7,000 sq. ft. collectively and continues to grow and put up impressive numbers. This business sells and distributes thousands of specialized industry products, supplies, equipment and accessories to licensed practitioners throughout the country in 27 states. They have exclusive territory contracts with 12 companies in Missouri, Arkansas, and Kansas, 3 semi-exclusive product lines and 100+/- “open” product lines that they distribute. Along with the distribution and local delivery they also operate a retail/wholesale location for licensed practitioners, and put on product training seminars on a weekly basis.

Property information

Location:

Main Warehouse: 7,000 sq. ft valued at $450,000.00
Retail Location : 1850 sq. ft rent is $1350 / mo.

Business Operation

Expansion potential:

Recently took on three new product lines in popular areas that they had not previously carried. They believe this will begin to substantially increase their revenues in the coming months by as much as $500,000.00 annually. Company also added two new accounts in late 2011 that the owner believes will also account for an additional $500,000.00 in revenues in 2012. This is a well run company but there is an extremely large potential for growth in many areas. HUGE POTENTIAL, PLEASE SEE EXECUTIVE SUMMARY / AGENT

Competition / Market:

LITTLE COMPETITION - MUST SEE EXECUTIVE SUMMARY!!!

Reasons for selling:

Retirement

Trading hours:

Mon-Fri 8am-5pm

Employees:

17FT/1PT

Years established:

20

Other information

Support & training:

Will train for 4 weeks @ no cost

Furniture / Fixtures value:

$95,000 (included in the asking price)

Inventory / Stock value:

$350,000 (included in the asking price)