Wholesale Paper & Office Supplies In San Francisco For Sale

Business description

Successful and well established 60 year old wholesale paper and office Supplies Company trading under the same name since 1952.
Six decades of successful management has established this company as a premier reputable company.
The current owner, an ex-banker acquired this company more than 22 years ago and has made this into a thriving, stable and profitable business delivering a consistent 6 figure cash flow.
This company has multi-million dollar contractual agreements with the Department of General Service, Sacramento for the next 3 years to supply paper products and toners statewide.
The owner does not carry any paper or toner inventory. Over the years he has successfully modeled a financial cash flow management system based on ‘just in time’ delivery that focus on maximizing the timing of the delivery and invoicing to ensure collection in a timely manner.
The Owner will coach the buyer on this proven cash management process to ensure a seamless transition. The seller is willing to remain with the new owner for as long as needed and is selling to transition towards retirement.
The Company generates 90 percentage of its revenue from the wholesale paper and toner supply division and with the 3 years contract in place, is less reliant on the office supplies division.
In addition to the owner, there is a part-time Office Manager who contributes to the successful operation of this Company.
Very little contact with the public saves a great deal of time.
The ideal buyer could be a husband and wife team or family members with management and operation experience.
This is an opportunity to acquire a long time successful company with a strong stable sales revenue and profit base and proven business model to allow the new owner to continue to create value and build wealth. There are many opportunities to develop the office supplies division with increased sales and marketing to grow revenue and profitability.
Organized and turnkey this is a solidly profitable business with steady cash flow. Complete with a good lease, furniture, fixtures and equipment.
Facilities:
500 sq ft office in downtown San Francisco. Long term lease can be negotiated for buyer.

Property information

Real Estate:

Lease

Location:

Good midtown San Francisco office space with proximity to public transit.

Business Operation

Reasons for selling:

Owner wants to retire

Trading hours:

M-F 9-5

Employees:

2

Years established:

1952