Wholesale distribution business strategically located with easy access to major routes in Maine. Approaching 20 years in business, this company comes with a team of dedicated, loyal employees that consistently help drive its success. Operations are flexible, efficient, and streamlined from point of sale through shipping. Customers are extremely loyal with more than 85% comprising repeat business. The top five accounts represent approximately 10% of annual sales.
- Asking Price:
- $6,300,000 Furniture / Fixtures included
- Sales Revenue:
- $6,656,000
- Cash Flow:
- $419,000
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Over 20,000 SF of space including a large warehouse/distribution area, retail, and office space. Facilities are currently operating at approximately 60% capacity and numerous renovations/improvements have been made over the years.
Business Operation
- Expansion Potential:
-
Hiring more employees and obtaining more delivery trucks could potentially grow revenue. Expanding product offerings could also potentially attract new customers.
- Competition / Market:
-
While there are other distribution businesses in the same region, none offer the product knowledge and expertise that this company does.
- Reasons for selling:
-
Retiring
- Employees:
- 8 PT/ 14 FT
Other Information
- Support & training:
-
2 weeks
- Furniture / Fixtures value:
- $234,200 - included in the asking price
- Inventory / Stock value:
- $966,000
