NOT DISCLOSED, Florida
| Asking Price |
$10,995,000 |
Year Established |
2005 |
|
| Annual Revenue |
$8,360,774 |
Reason for Selling |
Other business interests |
|
| Annual P/L |
$1,707,689 |
Attention |
Randy Bring |
|
| Annual Cash Flow |
$0 |
Listing Number |
996644 |
|
| # of Employees |
16 |
Business Category |
Wholesale/Distribution: Durable Goods |
|
Business Overview:
A leading wholesale and retail distribution business serving both the domestic and international markets. Its principal business is the sale and distribution of end user fixtures for the domestic residential market. The company imports its entire product line and has exclusive agreements with manufacturers within its contracted territories in Florida. Products are sold in 4 different ways: (a) Direct to consumer via company owned retail stores (retail); (b) Direct to consumer-online (retail); (c) Direct to trade (wholesale) and (d) Direct to consumer via licensed stores. A full management team is in place with a General Manager overseeing the retail stores and the warehouse operation, in house accounting department is utilized as well. The company business model produces a diversification of income stream as well as a depth of management team that allows the business to operate and flourish with or without the owner’s day to day presence. Extensive line of products that are exclusive in the industry making its position in the market place unique. This separates the company from its competitors in design, quality and price. This 20 year old company has enjoyed annual growth and is ready for the fresh leadership of new management. Seller will consider a post-closing non-equity consulting agreement. Comprehensive Offering Memorandum (CIM) with full financials ready for review. All parties to prequalify with BIO, CV, PFS as required by Broker.
Please refer to listing #0101389723 & ask for Randy Bring or Ozzie Marchante when inquiring.
Property Features and Assets:
<p>30k SF office/warehouse @ $50,988/mo.</p>
Market Competition and Expansion:
<p>Unknown/Unlimited </p>
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