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Value-Add Wholesaler

California
Warehouse Stock Photo
Asking Price:$1,900,000
Gross Revenue:$5,000,000
EBITDA:$480,172
Cash Flow:$480,172
Inventory:$600,000
Established Year:1970
Listing ID: 2268518Listing provided by BizBuySell
BUSINESS DESCRIPTION

Vale-Add Wholesaler, long term customers and recurring revenue

This business has been in operation for over 50 years and the owner is selling due to retirement. The business has averaged approximately $5,000,000 in sales in each of the last 3 years and a healthy 10% hitting the bottomline. The owner has been through a rigorous exit-planning process and has excellent employees in place where he now works 5-10 hours per week at the business. There are written procedures for all aspects of the business and employees/managers that operate all aspects of the day to day. There is an inventory management system in place to keep the numbers under control and give the POS employees and sales team access to live inventory numbers.
There are no special licenses needed to operate this business and the industry is straightforward to learn.

Please note this listing is intentionally vague because there are only a few companies like this in the market area and we strive to maintain strict confidentiality for the safety of the business and the continuity of the business for the buyer. Feel free to call for more information before signing an NDA.

DETAILED INFORMATION
Location
California
Inventory
Included in asking price
Real Estate
Leased
Employees
8
Facilities
The business maintains a large warehouse that wholesale customers come to in order to pickup materials and products. The assets used in the business are standard for this type of industry such as pallet racking, forklifts, etc. There are approximately 10 years left on the current lease (5 year current term + 5 year option.) The facility is in a central location that makes it extremely convenient for its customers to pick up materials and head out to job sites.
Competition
This business is the largest of its type in the county that it operates out of. There are other smaller competitors however, the competition is not able to replicate this business's model. This business has a unique value proposition that its customers and its vendors enjoy and allow it to thrive in the marketplace.
Growth & Expansion
The business is extremely stable and has a fantastic base of customers. There is also a great opportunity for growth as the business is operating at approximately 50% of its total sales capacity. Customers have also requested that the business expands to other nearby market areas because they would find value in additional facilities.
Support & Training
The seller is willing to train the buyer, however there are key employees in place that run the business. The owner only works a few hours per week at the business and most of the SOPs are documented. The new owner will be able to step into the seller's role very easily. The seller is willing to be a consultant on a longer term basis if desired by the buyer
Reason for Selling
The owner would like to retire and spend more time cycling, golfing and fishing
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Tyler
Evans
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Tyler Evans
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