Catylist ID:
#30744620
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: | $320,000 |
| Gross Revenue: | $771,000 (Annual) |
| Cash Flow: | $117,000 (Annual) |
| Relocatable Business: | Yes |
| Last Updated: | 9/20/2023 |
Overview / Comments
|
This highly reputable distribution company has been serving local and New England businesses for decades. Continued success has been a direct result of having the parts needed in stock for customers, quick order turnaround, and a friendly, knowledgeable staff. Their customers are all commercial accounts and the top five make up 26% of their annual sales. The business currently operates with a staff of 2 full-time employees, 1 part-time employee and the owner. These seasoned employees have a combined 60 plus years of experience that allows for top-notch customer service and a niche expertise that has consistently earned the respect and trust of their customers. Note: gross sales and cash flow are a 3-year weighted average. |
Attachments & Media
Additional Details
| Industry Segment: | Wholesale and Distributors |
| Reason for Selling: | Retiring |
| Value of Inventory Included ($): | $250,000 |
| Value of Furniture, Fixtures, and Equipment ($): | $54,800 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $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
Kirk A ButterfieldMagnusson Balfour/KW Commercial a div. of Keller Williams RealtyNECPE Member 
Craig S. ChurchMagnusson Balfour/KW Commercial a div. of Keller Williams RealtyNECPE Member |
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