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Highly Reputable Distribution Business For Sale

Maine, US
Asking Price:
$320,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$771,000
Cash Flow:
$117,000

This highly reputable distribution company has been serving local and New England businesses for decades. Continued success has been a direct result of having the parts needed in stock for customers, quick order turnaround, and a friendly, knowledgeable staff. Their customers are all commercial accounts and the top five make up 26% of their annual sales.

The business currently operates with a staff of 2 full-time employees, 1 part-time employee and the owner. These seasoned employees have a combined 60 plus years of experience that allows for top-notch customer service and a niche expertise that has consistently earned the respect and trust of their customers.

Note: gross sales and cash flow are a 3-year weighted average.

Property Information

Real Estate:

Lease

Location:

Relocatable

Premises Details:

2,840 SF leased space with plenty of room for inventory storage. Business is relocatable. The building has a service area dedicated to repair as well as a retail section built out for counter sales and display.

Size in square feet:
2,840

Business Operation

Expansion Potential:

Maintaining the online shop is a full-time job and improving upon the setup would create a streamlined process from start to finish. Selling products on Ebay could also increase sales to customers looking for those hard-to-find parts. Someone who could monetize inventory in detail from value and inventory standpoint could do really well.

Competition / Market:

The business belongs to a specialized marketing group that provides access to lines unavailable to single distributors. There is no other business in the area that has this connection.

Reasons for selling:

Retiring

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$54,800 - included in the asking price
Inventory / Stock value:
$250,000 - included in the asking price
Relocatable:
This business can be relocated.