In business for over 20 years, sales were very consistent prior to 2024, when the seller throttled back to two days a week. The selling price has been adjusted for this decline. This industrial / medical computer desk and related hardware distribution business is operated by a sole owner. Adding a warehouse man and commissioned salespersons could make this business "hands off," or a buyer with energy could drive the sales to new all-time highs. seller is willing to be the landlord and rent the unit for $1900 per month with a 3- or 5-year lease vs purchasing the condo suite. The office condo suite of approximately 1000 sq ft is included in the price. Biz = $199,900 Condo suite = $189,000 for a total price of $458,900. seller has direct importers from the same two 100% reliable manufacturers (one in China and one in Taiwan) with custom item capabilities and a great catalog of items to select from. They are also official distributors for Luxor Workplaces, a top U.S. manufacturer and importer of audio visual and commercial computer carts and office equipment. The seller has had an excellent relationship with this vendor for more than 20 years!
The fiscal year ends in July. Tax return for 2022 cover July 30, 2023.
Please refer to listing agent Doug Dickerson when inquiring about this listing. Thank you! Please refer to the listing by Doug Dickerson when inquiring.
- Asking Price:
- $458,900 Inventory / Stock included
- Sales Revenue:
- $412,940
- Cash Flow:
- $173,974
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$1,900 per annum
- Location:
-
Business Location is: Owned
Type of Location: Strip Center
Facilities: Condo suite is for sale.
- Size in square feet:
- 1,000
Business Operation
- Expansion Potential:
-
Adding a warehouse man and commissioned salespersons could make this business "hands off" or a buyer with energy could drive the sales to new all-time highs.
- Reasons for selling:
-
Retiring
- Trading hours:
-
9-5 Monday - Friday
- Employees:
- 0
- Years established:
- 2004
Other Information
- Support & training:
-
Will train for 1 week @ no cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Amount: $20,000.00
Owner Financing Interest: 10%
Owner Financing Terms Months: 36
Owner Financing Monthly Payment: $645.34
______________________________________
Other Financing Amount: $386,010.00
Other Financing Interest: 11.5%
Other Financing Term Months: 120
Other Financing Monthly Payment: $5,427.12
- Inventory / Stock value:
- $65,000 - included in the asking price
