Business Overview:
This company serves the "green" industry as a supplier of specialty products used in exterior landscaping improvements. The company has dealers around the US and Canada as well as in six other foreign countries wherein products are shipped from either the facility in Denver or from the manufacturers. Dealers either sell to installers in their territory or install the products themselves. The product is generally used for home improvements, although some large projects do come along form time to time. Dealers are trained in proper installation techniques and allowed to market in their own geographic area. Gross margins for the company are about 30%. Although the last few years have been difficult for most businesses, this business has remained steady with sales remaining strong since 2006.
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Property Features and Assets:
The business leases approximately 4,000 sq feet of warehouse and showroom in Denver, however the location is not important and could be moved into most any warehouse in the US. Sales staff can work from home office or in the showroom. Some products are shipped from this warehouse, while others are drop shipped from the manufacturer. The strength in this business is the established dealer network.
Support/Training: 2 weeks.
Included in the asking price: FF&E of $50,000 and Inventory of $20,000.
Market Competition and Expansion:
There is competition from other similar distribution companies in the US, but the strength of this company lies in the existing dealer network in place. New territories can and should be added to enhance the growth of this business. Margins are good, so sales growth is the way to increase cash flow for this business.
Reason for Selling:
Other business interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.