Florida State Term Contract for Sale

Not Disclosed, FL
Duval County

Asking Price: Annual Revenue:
$1,850,000 $3,536,191

Wholesale/Distribution: Durable Goods

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RE: Florida State Term Contract for Sale Broker: Bianca Evans
Owner Financing is Available!
Loan/Seller - Amount: $925,000; Months: 60; Rate: 6.00% Monthly Payment: $17,882.84

Quick Facts

Asking Price: $1,850,000
Annual Revenue: $3,536,191
Net Profit: Not Disclosed
Cash Flow: $253,311
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 1
BBN Listing #: 590918747
Broker Reference #: 7101848114

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Business Overview:

Sale of an existing State of Florida State Term contract (not business sale) selling disposable paper supplies, such as toilet tissue paper, paper towels, facial, toilet seat covers and wipers to all state agencies and other eligible users. This contract has a maximum annual value of $8 million and is entering year 3 of a 5-year contract with a 5 year extension (10 years total). A prospective buyer would need to demonstrate they have the in-house capability of fulfilling the contract, such as multiple warehouses in FL, delivery vehicles and proper inventory and order management systems. The state will require specific documents for prospective buyers, however, if your company does not yet have active registrations, the seller will assist the buyer in attaining required credentials. Please refer to listing number 7101-848114 and advisor Bianca Evans when inquiring on this listing.

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Reason for Selling:

Seller to Discuss.

Additional Details:

  • The property is leased.
  • The owner is not 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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