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Business For Sale
MAINTENANCE SUPPLY PRODUCER/DISTRIBUTOR
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Asking Price: |
$150,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Non-Durable
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Reason for Selling:
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Age related reduction in work hours. Would like t |
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Year Established:
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1963 |
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# of Employees:
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1 |
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Yearly Revenues:
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$200,000 |
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Yearly Cash Flow:
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$70,000 |
Business for Sale Overview:
Long established distribution company sells and distributes quality maintenance products to end users in small to medium companies and municipalities. Produces and private labels a line of proprietary cleaning products. Owner has let business decline slightly due to age related reduction in work hours. Substantial growth could be available to a buyer who has the desire to grow the business. The seller has concentrated on selling to companies up to the mid-sized market with many larger area companies not being approached. The industry segment has a good outlook. Ambitious owner could take sales to over $500,000 and SDC well over $100,000 by consistently putting in a 40 hour work week. Owner currently works 3-4 hours a day and commissioned salesperson ($25-35,000/year commissions, highest year $62,360) works about ½ to 1day per week. Seller wants to stay involved in sales activities following the training period. Near new pickup truck (4,000 miles) available separately.
Property Features and Assets:
4000 SF rented space in large industrial building. $625/month, utilities included.Assets include 2 forklifts, several Stainless Steel mixing tanks, transfer pumps, shop equipment,Office furniture, numerous chemical shipping drums and 2 semi-trailers used for storage. Dock space.
Market Competition and Expansion:
Competition: Competition is minimal for quality products. Most competition is mail order catalogs.Growth/Expansion: There is a huge market available since the seller believes that his sales represent a small portion of the market in this area. Seller has not been calling on larger corporations, school districts or street departments. A few of these alone could double sales.
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 may become a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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