Highly Reputable Distribution Business

Wholesale/DistributionFor Sale in Southern Maine, ME

Listing ID: 30809 | Broker Listing ID: BLP635429

Financial & Assets Details

Revenues: $734,000

Cash Flow: $52,000

FF&E: $54,800

Inventory: $250,000

Inventory Inc. in Price: Yes

Square Feet: 2840+/-

About the Business

Relocatable: Yes

Employees: 2 FT/ 1 PT

Lease Amount: $1,945

Business Description

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.

Growth & Expansion

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.

Market Competition:

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.

Location Details:

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.