Business For Sale

Durable Goods Whlsl/Retail - Construct & Agri Prod

Not Disclosed, IN
Elkhart County


Asking Price: Annual Revenue:
$649,000 $970,000

Wholesale/Distribution: Durable Goods


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RE: Durable Goods Whlsl/Retail - Construct & Agri Prod Broker: Scott Lands

Quick Facts

Asking Price: $649,000
Annual Revenue: $970,000
Net Profit: Not Disclosed
Cash Flow: $143,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: $350,000
Year Established: 2000
Employees: 1
BBN Listing #: 854337008
Broker Reference #: IEB-104-11

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Business Overview:

Specialized product distributor providing much needed products for most every construction, excavation, and agricultural contractor. Price competitive. Better product selection, availability and support than big box stores.

Price includes Real Estate assessed by county at $350,000; mostly likely valued higher. 4,000 square foot warehouse for indoor storage plus plenty of outdoor storage. 400 square foot office area. All buildings are in excellent condition.

Approximately $250,000 in inventory is owned and will be sold at cost. Additional inventory is consigned by the manufacturer.

Business does $1 million in revenue with no real marketing in place -- no advertising, no website, no social media, no telemarketing, etc. This is a huge opportunity to further increase revenue by calling other contractors. May also be able to increase pricing slightly without issue. They have built a good client base strictly based on longevity and word of mouth. Product, pricing, and customer service has won them the reputation they have today all across northern Indiana and southern Michigan.

Buyer will need $100,000 - $180,000 down payment and a >700 credit score to secure an SBA loan. Business qualifies for an SBA loan.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

4,400 square foot steel building, concrete floor throughout. 400 square foot office area. 4,000 square foot warehouse area. 13 acres of land with outdoor storage. Fenced area for security.

Market Competition and Expansion:

The business leads in pricing. Overhead is very limited so they keep their prices low. Could probably increase pricing with no ill effect. Not a lot of local competition. Contractors have driven many miles to come to this business. A new owner can easily create and implement a marketing program to reach out to construction, excavation, and agricultural contractors that they are not reaching now. They have plenty of outdoor area to expand or carry additional products. Sales growth is available to the right owner.

Reason for Selling:

Retirement

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.

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