OFFER PENDING: South Louisiana National Wholesale Distributor
Asking Price: | $3,000,000 |
Gross Revenue: | $7,955,821 |
Cash Flow: | $540,864 |
Inventory: | $963,910 |
This company, with a non-family CEO, has a nationwide distribution network of retailers as repeat customers. Its product lines are used in almost all homes and many office locations.
The company operates from a facility leased from a related party at a market-based rental rate that will stay the same for a new owner. Alternatively, the realty is available as an option in a separate transaction and will be represented by a licensed Louisiana real estate broker.
The firm has been in operation since 1998 and has shown consistent growth in revenue and earnings. An SBA lender has prequalified the business for an SBA 7(a) business acquisition loan with on 10 percent down payment.
Consider the advantages of investing in this business for your future:
• Experienced management is already in place who would like to continue with the company.
• Trained and loyal office and warehouse employees are on board.
• The products of the company have been market tested and proven with wide acceptance.
• The customer base is large and varied, with almost all long-time repeat customers.
• Perhaps most importantly of all, the company's earnings will provide positive cash flow from day one for a new owner of the business.
This business is being marketed confidentially. Interested parties will be asked to sign a confidentiality agreement and provide a personal financial statement showing financial capacity.
The business is priced as an asset sale at $3,000,000 total, including inventory, which is approximately 4 times SDE plus the value of the inventory at cost. The price is non-negotiable. No seller financing will be provided. The seller has requested explicitly that we fully vet potential buyers, including proof of funds and any financing commitments before identifying information is provided.
We appreciate your understanding of these requirements and look forward to showing you this outstanding opportunity.