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Business For Sale
MANUFACTURER/DISTRIBUTOR
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Asking Price: |
$1,200,000
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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To retire |
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Year Established:
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1997 |
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# of Employees:
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4 |
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Yearly Gross Income:
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$1,700,000 |
Business for Sale Overview:
This business manufacturers and distributes power and hand tools for which they have 6 patents & 6 pending. 99% of their sales are wholesale. Business is acquired via word of mouth, print ads, via their website, trade shows, etc. The value of the inventory included in the sale is to be determined. Financial & other information will be provided to serious qualified buyers. Offered for sale as the seller wants to retire. All written offers will be considered.
Property Features and Assets:
10,000 square feet. Rent is $8,000 a month. Lease to 2011, with 1/5 year option. Hours; 7AM-3PM. Days open various from 5-7.
Support/Training: 2 weeks included in the sale. The seller will stay on for a longer period of time pursuant to a separate agreement.
Market Competition and Expansion:
No competition for their propriety patented product line.
Adding outside sales people would increase business. They can add other products.
Additional Details:
- The property is leased.
- 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.
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