RICHMOND, Virginia
| Asking Price |
$1,200,000 |
Year Established |
|
|
| Annual Revenue |
$7,000,000 |
Reason for Selling |
Owner wishes to pursue other business interests. |
|
| Annual P/L |
$400,000 |
Attention |
Gavin Raphael |
|
| Annual Cash Flow |
$0 |
Listing Number |
1002336 |
|
| # of Employees |
15 |
Business Category |
Wholesale/Distribution: Durable Goods |
|
Business Overview:
Light & Raphael is pleased to offer a well-respected parts distribution company for sale in Richmond, Virginia. The company has 15 full-time employees and three part-time employees plus the owner. Impressively all of the full-time employees except two have worked there for over ten years. The sale includes approximately $700,000 in inventory and a sizable loss carryforward.
This well-established turnkey company offers proven operational systems, experienced staff ready to support ownership transition, and significant potential. Two things to note: One customer has slightly more than 50% of its current annual revenues. Also, the temporary loss of Government work has impacted revenues in the last few years but itis anticipated that this sector should be gaining revenues in the coming months.
Property Features and Assets:
<p>Office/warehouse is leased</p>
Market Competition and Expansion:
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