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Business For Sale
DISTRIBUTION - B2B DURABLE PRODUCTS FOR SALE
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Asking Price: |
$1,100,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Durable Goods
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Reason for Selling:
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Retirement |
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Year Established:
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2001 |
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# of Employees:
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5 |
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Yearly Revenues:
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$1,650,000 |
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Yearly EBITDA:
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$350,000 |
Business for Sale Overview:
The company’s customer base primarily consists of large manufacturing companies in the automotive, medical & food industry. Sales figures for the last 3 years are as follows: Proj 2007 $1,650,000 Actual 2006 $1,104,335 Actual 2005 $652,369. The continuing growth has occurred primarily because of the company’s exceptional reputation in the industry & because of the company’s focus on customer service. They do not attempt to sell themselves as the lowest price provider, but customers know that the products ordered will be delivered on time & at the price agreed upon. This business would be a good fit for a strategic buyer with an established platform in the industry or related industry desiring to expand its presence in the West Texas market. It could also be a good fit for an entrepreneur looking to get into this industry. The current owners would consider staying on board under the right circumstances.
Property Features and Assets:
The company is based in its own building which contains approximately 8700 sq ft of warehouse space and approximately 3600 sq ft of office/retail space. Because the facility is owned by the company’s owners, either a long term lease or purchase of the building is possible.
Market Competition and Expansion:
There are several competitors in the company’s market, but this company stands out in the market place by focusing on customer service. Sales growth has been explosive and the company has been recognized by Inc Magazine as being of the fastest growing company’s in its sector. Rapid growth is expected to continue and could probably be enhanced by adding qualified sales personnel.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not 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.
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