Business Overview:
This business is a niche seller of industrial equipment and electric/electronic controls. Independently owned and operated, this 50-year-old company has survived six recessions, the loss of numerous principals, the bankruptcy of several big customers and the exodus of the textile and woodworking industries.
Keeping no inventory and not responsible for invoicing or collections, this business model is very lean and could easily be a home-based business. Plus, this business could be easily relocated to anywhere in the Carolinas.
This company is the perfect opportunity for an experienced salesperson who wants to grow an established business in a growing, vibrant territory. Any interested person will need to be approved by the manufacturer. Seller will stay on part-time if requested.
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Market Competition and Expansion:
Competition:
This company competes on the basis of price, quality and service.
Potential Growth:
The growth potential of this company is limited only to the aggressiveness of a new owner. New territories can be added.
Reason for Selling:
Seller is retiring on February 28, 2023.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
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