Federal Government Supply Company

Virginia
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Asking Price:$1,305,000
Gross Revenue:$1,828,000
FF&E:$35,000
Cash Flow:$417,000
Inventory:$250,000
Established Year:1989
BUSINESS DESCRIPTION

Founded 35 years ago, this company figured out how to sell to the Federal Government effectively, and has been very profitable ever since. They are retiring and want to hand off their "money machine " to a capable buyer..
The owners quit putting effort into marketing, after their first 5 years in business, and have been riding on goodwill and great customer service ever since.
Making over $400K in Cashflow for many years, someone willing to get their hands dirty, could easily double it.
They are located in a 1500 sq ft office/warehouse space, with a lease coming up for renewal this October, so you could easily move the operation to a more convenient location, if you so desired.
This business has tons of good will and is ready to blast off with a new and energized owner.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
They operate out of a 1500 sq ft office/warehouse in Northern Virginia and sell to federal government agencies in the Washington, DC area. The rent is $2,800/mo. The office could easily be moved . The lease is up for renewal in October 2024.
Competition
They are the best at what they do and after 35 years have a very loyal following in the Federal Government.
Growth & Expansion
Easily expandable by simply marketing for new business. They have not done so for 30 years.
Support & Training
Negotiable.
Reason for Selling
RETIRING
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Jeff Neuburg
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Jeff Neuburg