Business Overview:
Master Distributor-Wholesale Cutting Tools-Southwestern U.S.This 30 year old company, serves as master distributor for two very well known cutting tool manufacturers in a specific geographic territory in the southwestern United States.This is a Manufacturer's Representative Business, they sell only to distributors and engage in no retail sales. Typical clients are Industrial Distributors within their territory. Because of this, there are no issues with collections, nor is there inventory risk for the owner. Included in the purchase price of this business is $500,000 of inventory provided on consignment by the manufacturer. The business operates from a modern and professional showroom/warehouse facility in southern California. Base rent is currently $1721 per month for the 2025 square foot space. This could be a great husband/wife type business. One partner could handle the office duties while the other sees to customer service and makes sales calls.The current owner has not concentrated on building the business over the past few years and believes that new ownership could increase sales quickly with some marketing efforts.They have a nicely developed Internet Website.The seller is willing to train the new owner.Sales: $54,000Inventory Included on Consignment from Manufacturers: $500,000Seller's Discretionary Cash Flow: $30,360Asking: $69,990Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.For more information call Steve Thomson, CBI, at Sunbelt of Orange Coast at 714-619-9310. Email: steve@sunbeltorange.com. Fax: 949-666-5823. For a complete listing of our currently available business opportunities go to: www.sunbeltorange.com
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.
Reason for Selling:
other ventures.
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.
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