Business Overview:
This business is almost exclusively focused on serving the need of customers required to purchase from this vendor by the government. Sales are generated via vouchers from state funded programs and the company is reimbursed within 30 days by the government. Almost everything is selected from catalogues and is drop-shipped. Exceptional customer service and the lowest prices of all vendors have contributed to a 32% increase in revenues from Q1 to Q2 with no advertising. Margins run somewhere around 50%. The owner is willing to remain for 2 months after completion of the sale and secure relationships for the new owner with municipal officials. A sweetheart lease of only $1,000 per month for the next 4.5 years with an option for another 5 years makes this one hard to pass by. For further information please contact Howard Kupferman.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
3,000 square feet warehouse and office with 4.5 years left on a 5 year lease with an option for 5 years.
Market Competition and Expansion:
Competition - Limited.
Expansion - Business increased 32% from Q1 to Q2 with no advertising. Need for this company, products/services increases with the recession. Exceptional customer service catapults this company well beyond its competitors potential.
Reason for Selling:
Pursue other business
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: