Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$9,250,000 USD USA Dollars
Business for Sale Industry:	Wholesale/Distribution: Durable Goods
Reason for Selling:	Other Business Interests
Year Established:	1986
# of Employees:	23
Yearly Revenues:	$10,998,899
Yearly Cash Flow:	$999,813
Yearly EBITDA:	$809,813
Yearly Net Profit:	$487,822
Monthly Payroll:	$155,126

Business for Sale Overview:

This equipment distribution company services a niche market and enjoys strong margins. The firm employs twenty-one full time and two part time personnel. The company specializes in exceptional service to the mid-west market. Key Managers are in place supervising productive, knowledgeable sales representatives and technicians, all of whom are paid on a commission basis. In 2006 and 2007, the company added skilled salespersons and technicians to cover expanded markets. Productivity, which is tied to compensation, remains high. Since only administrative staff is on salary, fixed overhead costs are low. Manufacturers, for the industry served, are vying to come on board for this company's quality representation. Historically, this firm meets and exceeds annual sales goals for clients. In depth training and support for customers, coupled with responsive technical repair service contributes to a win/win/win solution for the supplier, the customer and this distributor. The accountant's profit and loss for the first quarter of 2008 shows revenues of $2,564,743 with an EBITDA of $309,781 (for the first quarter). The Owner is willing to provide a period of Training and Transitioning as part of the transaction. The Owner is also willing to consider providing ongoing, fee based consultation.

Property Features and Assets:

The sales and service aspects of this distribution operation can grow substantially in the current location. The facility provides office, training, and warehouse space. This central location affords easy access to interstate routes and customers.

Market Competition and Expansion:

This company sells into an industry expecting above average growth in the next decade. Competition exists. The majority of the competition is comprised of much smaller firms. There is some competition from larger national conglomerates.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.