17 YEAR Industrial Equipment and Supply Company for sale!

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2019 - first quarter sales of $153,846. Seller will train!
Asking Price:
$139,000

Gross Revenue:
$419,501
Cash Flow:
$56,138
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$195,000
not included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This Alabama business has a reputation for stocking only the highest quality commercial wood and metal working machinery and supplies at competitive prices and is the only one-stop shop serving its loyal customer base within a 90-mile radius. The owner has a 25-year professional consulting business in another field and therefore this business has basically operated as a part-time hobby that produces a profit. Despite limited hours of operation and virtually no external sales and marketing efforts for over 10 years this business continues to increase sales and profits year over year. 2019 first quarter sales = $153,846! With owner financing available and a commitment to a successful transition, this is an opportunity for an existing company to expand territory, a hobbyist to turn their passion into income, or business-minded entrepreneur to take an established niche business to the next level.
The impressive showroom and warehouse facility, built by the owner in 2014, is available for purchase, or lease through separate negotiations.

About the Business

Location:
Alabama
Year Established:
2001
Number of Employees:
1
Real Estate:
Owned
Facilities:
The current facility was built by the owner in 2014 and has 4,600 sq. ft. of heated and cooled building space dedicated for the showroom (3,850 sq. ft.) and for warehouse and repair shop space (1,750). There is also 1,400 sq. ft. of finished office space available and a 1,200 sq. ft. unfinished mezzanine above office space. A separate 1,500 sq. ft. space on-site is used for additional warehouse and equipment storage. The owner does not operate the facility under a defined lease agreement, however, a new owner can negotiate lease terms with the building owner if they decide to continue operating in the same location. The facility is also available for new owners to purchase by separate negotiation.
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About the Sale

Training/Support:
Seller will ensure reasonable handover and training period.
Seller Financing:
Seller will finance qualified buyer with reasonable down payment!

Listing Info

ID:
1586035
Ad Detail Views:
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Business Listed by

Mike Lee

OLD Inc Business Brokers

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Sponsoring Broker:

Rebecca Walker-Jones
OLD Inc Business Brokers
License# 977717


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