Outstanding Supplier of Manufacturers & Resellers

| Asking Price: | $2,600,000 | Inventory: | $1,470,000 ++ |
| Gross Revenue: | $1,215,000 | Real Estate: | $500,000 ++ |
| Cash Flow: | $326,000 | FF&E: | $192,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
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. 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: $1,470,000
Accounts Receivable (if included): $-0-
Land and Building (if included): $500,000
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: $1,215,000
Cash Flow: $326,000
Furniture, Fixtures, & Equipment: $40,000
Vehicles and / or rolling stock: $152,000
Inventory: $1,470,000
Accounts Receivable (if included): $-0-
Land and Building (if included): $500,000
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: $1,215,000
Cash Flow: $326,000
About the Business
Year Established:1994
Employees:8 full time - 0 part time
Facilities:Located on a fairly busy street in a mainly commercial / industrial area. 17,000 sq. ft. of relatively new mostly shed type space.
Market Outlook and Competition:This business has created a solid niche in a larger business area, and it has a very bright future.
About the Sale
Management Training and Support:The Seller will train a General Manager.
Reason For Selling:The Seller wants to retire in 5 years 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.
Seller Financing:Limited Seller Financing is possible if required by a Third Party Lender.
KEYWORDS: distributor, distribution, durable goods, industrial supplies
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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