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Business For Sale
GOVERNMENT SURPLUS DISTRIBUTOR
Attn:
Charles Broadwater, CBI
Hampton Roads Area, VA, USA
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Listing Number: "1037-CB"
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Listing
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Asking Price: |
$2,500,000
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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Health Concerns. |
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Year Established:
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1992 |
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# of Employees:
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4 Full Time |
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Yearly Revenues:
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$1,200,000 |
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Yearly Cash Flow:
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$400,000 |
Business for Sale Overview:
Extremely profitable Government Surplus Business-Consistently "throws off" $400-$500k per year to owner. Very sophisticated inventory control process. EXCESS INVENTORY VALUED AT $10,000,000 IF SOLD IN AN ORDERLY MANNER OVER 5-7 YEARS. Good books and records. Very difficult barriers to entry limits competition.
Owner health issues forces sale. SERIOUS INQUIRIES ONLY FROM BUYERS WITH THE FINANCIAL ABILITY TO COMPLETE THE TRANSACTION.
Property Features and Assets:
25,000 sq. ft. building; available for lease or purchase
Additional Details:
- The property is owned.
- 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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