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Tennessee Business For Sale

 

OUTSTANDING SUPPLIER OF MANUFACTURERS & RESELLERS


Attn: Gerald P. Esmer, Peerless Pinnacle Company
Middle Tennessee, TN, USA
Listing #: 68133916
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Asking Price: $3,400,000 USD USA Dollars
Business for Sale Industry: Wholesale/Distribution: Durable Goods
Reason for Selling: Seller has diabetes and high blood pressure
Year Established: 1994
# of Employees: 8
Yearly Revenues: $1,122,000
Yearly Cash Flow: $367,000



Business for Sale Overview:
Outstanding Supplier of Manufacturers and Resellers – This 15 year old Middle Tennessee company is located some distance from Nashville and serves a relatively large geographical area. This company 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 prefers to keep the real estate, and the business is being marketed without it. If the Buyer insists, the Seller is also willing to sell the real estate in order to sell the business. Furniture, Fixtures, & Equipment: $40,000 Vehicles and / or rolling stock: $152,000 Inventory: $1,412,000 Accounts Receivable (if included): $-0- Land and Building (if included): $-0- Other Assets: $-0- Current Liabilities to be assumed: $-0- Current Notes to be assumed $-0- Asking Price: $3,400,000 Down Payment: $680,000 Annual Sales Volume: $1,122,000 Cash Flow: $367,000

Property Features and Assets:
Location is a fairly busy street in a mostly commercial and industrial area. 17,000 of mostly shed-type building space is provided.

Market Competition and Expansion:
This business has found an excellent niche within a larger business area.


Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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