Outstanding Supplier Of Manufacturers & Resellers
Location:
United States
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Tennessee
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Middle Tennessee
Industry: Wholesale and Distribution > Wholesale and Distribution
Business Summary
Outstanding Supplier of Manufacturers and Resellers – This opportunity is an outstanding value. This 16 year old Middle Tennessee company is located some distance from Nashville and serves a relatively large geographical area. This business 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. 2008 Sales of $1,202,000 were up relative to any previous year. The Seller has created and / or found some major opportunities that he lacks the finances to develop. Thus, if a Buyer were willing to invest additional funds in the company in a timely manner, the revenue and cash flow could be greatly increased.
Furniture, Fixtures, & Equipment: $40,000
Vehicles and / or rolling stock: $152,000
Inventory: $1,310,000
Accounts Receivable (if included): $-0-
Land and Building (if included): $900,000
Other Assets: $-0-
Current Liabilities to be assumed: $-0-
Current Notes to be assumed $-0-
Asking Price: $2,600,000
Down Payment: $520,000
Annual Sales Volume: $1,122,000
Cash Flow: $367,000
Contact for more information on this Supply business for sale.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$1,122,000
Cash Flow:
$367,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $2,402,000
Seller Financing: Yes
About The Business
Year Established: 1994
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: 90 days part time free. Reason For Selling: Seller has diabetes (hereditary) and high blood pressure.
Click on the "I'm Interested" button above for more information on this Wholesale and Distribution > Wholesale and Distribution business for sale.
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Print Listing Id: 70083277
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