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Business For Sale
REGIONAL DISTRIBUTION / LOGISTICS FIRM
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Asking Price: |
$325,000
USD USA Dollars
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Business for Sale Industry: |
Services: Moving, Storage
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Reason for Selling:
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true retirement |
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Year Established:
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1992 |
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# of Employees:
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2/5 |
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Yearly Revenues:
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$702,016 |
Business for Sale Overview:
Regional distribution/logistics firm with 190,000 square feet facility conveniently located in central NC near major highways.
Business Description :
The business provides distribution and logistic services to a diverse and loyal base of customers.
Historical Summary:
The company has grown at a steady pace since inception as it's excellent reputation for quality and service became more widely known.
Owner Qualifications :
Owner must possess basic marketing, organizational and financial skills sufficient to perform necessary financial, marketing, and operational tasks.
Property Features and Assets:
Type of Location: Stand-alone;
Square Footage: 190,000;
Facilities / Location Description:
warehouse with offices as needed;
Monthly Rent: $32,000;
Lease Expiration : 5/1/2008 (renewed);
Option: 5 years/right of first refusal for purchase;
Security on Lease : $32,000.
Market Competition and Expansion:
Competition:
Most of current competition is in Winston Salem and Greensboro. Very little in High Point. Buyers have multiple warehousing and distribution options but choose this business based on it's excellent reputation and location.
Potential for Growth :
Major FedEx Hub slated for completion in late 2008 early 2009.
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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