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- RE: Est. And Profitable Warehousing Industry Products
- Contact: Terry Watts
- License #: DRE#02191771
Quick Facts
Asking Price: | $3,950,000 | |
Annual Revenue: | $16,759,255 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,466,676 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1984 | |
Employees: | 16 | |
BBN Listing #: | 11134955 | |
Broker Reference #: | 7005-17577 |
Business Overview:
This business primarily provides material handling products such as shelves, new and used pallet racks, and other warehousing equipment. They also provide facility and warehouse planning and design, as well as general project management for warehousing, distribution, and logistics.
The business has an extremely experienced sales team that is taking advantage of the growing demand for larger or more efficient warehousing, leading to record-breaking revenues and profits for the company.
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Property Features and Assets:
This business is located on a 3 acre industrial property with warehouse, yard, and office space with easy access to major highways. Assets = $285,665
Market Competition and Expansion:
The combination of recent supply chain issues with increased consumer demand is causing many businesses to expand their warehousing space or make their existing spaces more efficient. Demand for warehousing is driven by the flow of goods through the economy; other demand indicators include industrial production, import volume, and office vacancy rates. The rapid rise in online shopping in markets across the globe, along with expectations for faster and more secure delivery, is significantly increasing demand for warehouse space worldwide. As a result, this business has seen and is expected to continue to see increased demand for its services.
Reason for Selling:
Retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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