Summary
- Asking price:
- $670,000 (Furniture / Fixtures included)
- Sales revenue:
- $1,600,000
- Cash flow:
- $230,000
- Years established:
- 1946
- Employees:
- 6 FT
Outperforms all of its competition!
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Business description
This consumable products distributor provides specialized non-food items to the educational, medical, institutional and industrial markets. It services large and small commercial accounts and operates as virtually a strategic partner with many of its customers. The company is dominant in its market area and has an industry-recognized reputation for service and attention to detail. It offers the best prices and unmatched services. Its sales personnel are cross-trained and well informed about the company products and services.
Property information
- Real Estate:
- Lease
- Premises details:
- The company is headquartered in an attractive and spacious facility in a commercially zoned area. There is ample room for growth and plenty of parking.
Other information
- Expansion potential:
- The company has shown steady growth over the years and this trend is expected to continue. Its success is based on its customer-focused policies and outstanding service. Minimal advertising is done. A new owner could increase the level of marketing.
- Competition / Market:
- The business has a diversified customer base with repetitive product requirements. It has long term stable relationships with major vendors. Supplier relationships pose significant barriers to entry from competition. This company outperforms all of its competition on price, quality of service and products. Its competitors have a difficult time breaking into its customer base. Its competitors do not service its market area as efficiently or as well. Because it serves a large variety of business it can offer “one stop shopping.”
- Support & training:
- The seller will provide transition training for a new owner.
- Reasons for selling:
- Retirement.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Anticipated Seller Financing $300K, Down Payment $370K, Inventory Purchase $325K, Working Capital Needed $100K
- Furniture / Fixtures value:
- $135,000 (included in the asking price)
- Inventory / Stock value:
- $325,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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