Industrial Distributor for Sale (Incl. RE And Inventory)
Industrial Distributor for Sale (Incl. RE And Inventory)
Price: $4,000,000
Location: Suffolk County, NY
Industry: Other Services (except Public Administration)
Listing ID: RaptID_5586
This is an excellent opportunity to acquire a business that is primed for growth! The foundation is in place to build a much larger business. The owner has reached retirement age and is experiencing health issues. He is motivated and the deal has been aggressively priced.
Business goodwill represents a small portion of the acquisition cost. The bulk of the acquisition cost of $4 MM is for hard assets ($2.6MM for the RE & $1.0 MM for saleable inventory). The building is a well maintained block building in a highly desirable industrial park.
The business distibutes construction industry products and is recognized as the premium supplier in their area. Presently, direct sales are the majority of the business. While interent sales have been growing, their is room for significant growth.
Please fill-out our NDA on-line and we will forward a complete write-up for your review.
Total Sales: $3,196,000
Cash Flow: $296,000
FFE Included: Yes
FFE: $100,000
Reason For Sale:
Seller has reached retirement age and experiencing health issues.
Training & Support:
Seller will remain for suffient period to transition business.
Employees: 10
Type of Location: Owned
Square Footage: 16,250
Facilities Information:
The building is a 1 ½ story block building ~12,500 square foot “footprint”), located on an ~1 acre plot. The building has ~ 16,000 + square feet of usable space (~12,500 square feet on ground level, a 3,000 square foot loft & 650 square feet of office space), with adequate parking in front and rear (24 spaces) of the building and a full loading dock to receive merchandise.
Competition:
This business is the primary distributor in the local area. There is internet competition.
Potential Growth:
The internet represents a significant growth market for the buyer.The business is positioned well for a more aggressive, marketing professional. While the seller has extensive marketing experience, he is an “old-school” manager, and the business would benefit from the talents of a younger executive. The seller should be credited with implementing the right steps for business growth through the internet and implementing the rudiments of this marketing. It is to be expected that new ownership will expand this program to realize greater sales and profits. While the business is presently operating at a profit, the basic tools and systems are in place to provide significantly greater profits with a reasonable sales increase.
Financing/Terms:
Limited Seller financing. Buyer will have to arrange bulk of financing..
For more information on this listing, please complete our Non-Disclosure Agreement
