Wholesale/Dist. - Durable Goods | Services - Other Business Services

Asking Price	$2,970,000	Inventory	$500,000*
Gross Income	$5,500,000	Real Estate
Cash Flow	$800,000	Year Established	1960
FF&E	$225,000*	Employees	19

* included in the asking price

** not included in the asking price

This business almost runs on autopilot, all key employees are in place and have been with the company for many years. This would enable a new owner of the business to live any where, as daily supervision would not be a requirement. The commission structure for the sales people allows for the sales person to create the level of income they desire while allowing the company to earn a nice profit. By design this lean company has eliminated the need for a sales manager to have constant supervision over the sales people. Future demand should be strong due to the diverse customer base. Customers include businesses of all sizes and sectors plus many government entities. If one industry or sector slows it will not affect the entire business. The consumable product lines that the company offers are needed regardless of the economic situation. Without the products offered by the company, its customers would be unable to perform day to day operations, therefore future business is virtually assured. When its customers run low on product they automatically re-order. The current owners choose to provide a company paid profit sharing plan to all employees, this has created great employee retention and loyalty. Employee turnover is rare for this well established business. As the President of the company says "Our employees are like family", this philosophy has paid big dividends to the owners for many years. This is proven by the nice profit margins the company has consistently produced. The current owners are willing to stay on as "commission only" sales people. They may also consider partial seller financing.

Facilities: All corporate assets are included in the sale. This includes two buildings and the land. The main building houses the show room area where customers can come in to purchase products. Under the same roof are the administrative offices and large warehouse facilities. An additional building on the same block is used for storage and warehousing. Also included is the inventory, delivery vehicles and equipment. The seller is willing to sell the accounts receivable allowing a new owner to have an immediate positive cash flow.

Competition: Knowledgeable sales people and support staff have helped build the excellent reputation for both quality product lines and service that is second to none. Over 80% of the employees have been with the company for more than ten years. Their customers know them on a first name basis. Large volumes allow the business to get the best pricing from their suppliers. When good pricing is combined with superior service and long time relationships this company is well positioned to stay ahead of any competition.

Growth/Expansion: The business could be expanded to areas that are not currently serviced by the addition of sales people, this would require minimal capital. A physical location could also be added. Internet sales are an area that has NOT been promoted by the current management team.

Financing: Negotiable.

Support/Training: Sellers are willing to train as needed and help the new owners expand the business. They are also willing to stay.

Reason Selling: Allow owners to give up management dutes and increase sales.