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 |
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions. |