Owner Financing is Available!
Business Overview:
This distributor sells furniture and equipment to the K - 12 market, covering every aspect of schools with the exception of kitchens and gyms. Coming off a great year in 2011, there are many opportunities to build on recent successes, including building a sales team & culture and starting a social media marketing strategy where none currently exists. The company has outstanding contracts with a half-dozen manufacturers, affording it first crack at certain jobs and significant discounts. It boasts a stellar reputation over its 20-year history for remarkable follow-through and customer service.
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:
Ownership enjoys a strong relationship with its landlord, which has proven to be flexible in times of needing more or less space. The current lease expires 12/31/11, but a one-year renewal with a one-year option to renew is currently being explored.
Market Competition and Expansion:
Competitors are generally regional with a couple with a more national reach. One of the company's strengths lies in its ability to build solid relationships with the manufacturers it represents which leads to access to pre-arranged discounts. The company does lose some bids when price is the only issue of concern as it works hard to earn higher prices in exchange for unmatched service.
The company was once staffed with six salespeople that provided more blanket coverage of New England. With the two partners approaching retirement age, it was decided to scale back a bit during the recent recession, and that has led to a leaner, more efficient operation. Between growing the sales team to its former size and beyond and implementing a social media strategy, there are many opportunities to grow sales in New England and then perhaps on a national basis.
Reason for Selling:
Owners retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.