Wholesale Distribution Business

Maine
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Asking Price:$6,300,000
Gross Revenue:$6,656,000
FF&E:$234,200
Cash Flow:$419,000
Inventory:$966,000
Real Estate:$3,300,000
BUSINESS DESCRIPTION

Distribution Business for Sale

Wholesale distribution business strategically located with easy access to major routes in Maine. Approaching 20 years in business, this company comes with a team of dedicated, loyal employees that consistently help drive its success. Operations are flexible, efficient, and streamlined from point of sale through shipping. Customers are extremely loyal with more than 85% comprising repeat business. The top five accounts represent approximately 10% of annual sales.


DETAILED INFORMATION
Location
Maine
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
20,600
Employees
22
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Over 20,000 SF of space including a large warehouse/distribution area, retail, and office space. Facilities are currently operating at approximately 60% capacity and numerous renovations/improvements have been made over the years.
Competition
While there are other distribution businesses in the same region, none offer the product knowledge and expertise that this company does.
Growth & Expansion
Hiring more employees and obtaining more delivery trucks could potentially grow revenue. Expanding product offerings could also potentially attract new customers.
Support & Training
2 weeks
Reason for Selling
Retiring
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Kirk
Butterfield
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Kirk Butterfield