Tool Distribution
Location California,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $155000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description Current owner had this business for 5 years. On books he shows more than $150,000.00 net yearly income. The price includes a truck worth $52,000.00 and accounts receivable of about $60,000.00. In essence he's asking $130,000.00 for the goodwill which represents less than one time net yearly income. There are no employees, no lease and rent, no royalty fees, no transfer fees. You buy most of the tools from the company (with terms payable by check) , and the rest from other sources (cash). The profit margin is about 42%. Your expenses consist of minimal office needs, your cellular phone, gas and repair of the truck (which has only 45,000 miles), and a computer.
The inventory consists of about $65,000.00 of tools that you carry in your truck (not included in asking price). You go to auto repair places, car dealerships, smog shops, used car dealerships and sell your tools. There are no royalty fees!
2004 purchases: $206,860.00 2004 sales: $299,379.00.
2005 purchases: $291,043.00 2005 sales: $460,366.00.
2006 purchases: $242,132.00 2006 sales: $415,138.00.
the above numbers come from the franchisor's computer printouts and show what is on books. Just like 7-11, Quikstop, Cold Stone Creamery, Quizno's and Subway, verification of the data is simple because the franchisor documents his purchases! The computer printouts are not the seller's but the franchisor's.
Do you want to work 5 days a week in three very nice cities and be your own boss? Asking $240K. Contact for more information on this tool distribution business for sale. Contact for more information on this Tool Distribution business for sale.
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