Specialty Distribution Business - Houston

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$1,625,000 $5,135,746

Wholesale/Distribution: Durable Goods


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RE: Specialty Distribution Business - Houston Broker: Bobbi Coffey

Quick Facts

Asking Price: $1,625,000
Annual Revenue: $5,135,746
Net Profit: Not Disclosed
Cash Flow: $515,888
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1935
Employees: 23
BBN Listing #: 205444107
Broker Reference #: 76931-643646

Email or Print Listing

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Business Overview:

This distribution business has been in business in the same location for 85 years, and under current ownership for over a decade. With it's primary focus on retail for many years, current ownership has taken the business a new direction and focused on more of a distribution model which has lead to consistent growth. Sales have grown from less than $1M to over $6M in 2019. SDE averaged $450,000 2018 and 2019. Despite COVID, the business held it's own, and is rebounding impressively every single month. Exceeding revenue forecasts in the first five months, the business is conservatively forecasting $5.135M in revenue and $500,000 + SDE, with a return to pre-pandemic sales in the year 2022. Further details, including industry specifics, will be provided after executing an NDA due to confidentiality.
Real estate is offered for an additional $500,000. 15,000 square feet freestanding building, in a historic area being revitalized on a 24,500 square feet lot.

Previously a retail business over many decades, it has transitioned to a distribution model, targeting a specific audience. The retail still remains onsite, however, only makes up about 5% of total revenue. Has substantial community presense and historical appreciation.
Increased internet presence, including enhanced website, social media platforms and SEO would be a great contributor to the future growth and add to an already stable customer / sales base.

Lot 24,562 square feet. Building 15,190. AS-IS. Built in 1930.

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Reason for Selling:

Retirement

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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