Web based Distributor - Computer desk - Warehouse condo incl
| Asking Price: | $458,900 |
| Gross Revenue: | $412,940 |
| Real Estate: | $189,000 |
| Cash Flow: | $173,974 |
| Inventory: | $65,000 |
| Established Year: | 2004 |
In business for over 20 years with sales very consistent prior to 2024 when the seller throttled back to two days a week. The selling price has been adjusted for this decline.
This industrial / medical computer desk and related hardware distribution business is operated by a sole owner. Adding a warehouse man and commissioned salespersons could make this business "hands off" or a buyer with energy could drive the sales to new all-time highs.
Seller is willing to be the landlord and rent the unit for $1900 per month with a 3 or 5 year lease vs purchasing the condo suite.
The office condo suite of approximately 1000 sq ft is included in the price. Biz = $269,900 Condo suite = $189,000 for a total price of $458,900.
1) "Seller has been importing directly from the same two 100% reliable manufacturer-exporters in China and
Taiwan for more than 20 years with great catalogs of items to select from."
2) The seller has had an excellent relationship with the 3 above vendors for more than 20 years!
3) They are also official distributors for Luxor Workplaces, a top U.S, manufacturer/importer of
audio visual and commercial computer carts and office equipment.
***Fiscal year ends in July. Tax return for 2022 covers through July 30, 2023.
