Highly Reputable Distribution Business

Maine
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Asking Price:$320,000
Gross Revenue:$734,000
Rent:$1,945/Month
Cash Flow:$52,000
Inventory:$250,000
FF&E:$54,800
BUSINESS DESCRIPTION

Distribution Business for Sale

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.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,840
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
Competition
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.
Growth & Expansion
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.
Support & Training
2 weeks
Reason for Selling
Retiring
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Kirk
Butterfield
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Kirk Butterfield