Highly Reputable Distribution Business For Sale

Undisclosed Address, Maine
Business Opportunity for Sale
Catylist Listing ID: 30744620
Property Subtypes: Wholesale and Distribution
Building Size (RSF): 2,840 SF
Sale Price: $395,000
Gross Revenue: $652,058 (Annual)
Cash Flow: $59,004 (Annual)
Relocatable Business: Yes
Last Updated: 7/27/2021

Overview / Comments

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.

Additional Details

Industry Segment: Wholesale and Distributors
Reason for Selling: Retiring
Value of Inventory Included ($): $250,000
Value of Furniture, Fixtures, and Equipment ($): $54,800
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 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.
Employee/Labor Description: 2 Full, 1 Part and Owner
Mgmt/Training Support Description: 2 Weeks
Competition/Market Description: 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 Opportunities: 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.

Contact

Photograph of Listing Agent

Kirk A Butterfield

Keller Williams Commercial
NECPE Member
Photograph of Listing Agent

Craig S. Church

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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