Distribution Business Selling To Retailers
Location Florida,United States
Asking Price Range $250K - $500K
Gross Revenues $575000
Net Profit / Cash Flow $190000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Negotiable.
Reason for Sale Looking to cash out.
Description Company imports and wholesales products to retailers. Has been in business over six years. Asking $395,000 plus the value of inventory at the time of closing. Estimate this to be around $100,000. Business can be operated from your house. An outside vendor is used to handle all warehousing and logistics. In fact, most functions of the business are outsourced making this a pretty simple business to run.
I am basically absentee and one employee manages all the vendors and receivables. This person can easily be eliminated saving the company $40,000 a year. That is how I calculated $190,000 cash flow, which is actually conservative. I have all records and can prove every penny.
I spoke with bank that gives SBA loans and they mentioned that if the buyer has a credit score over 680 there is a good chance they can get SBA loan which means they would only have to come up with 20% of purchase price ($100,000 or so) and could get a loan anywhere from 7 to ten years. Contact for more information on this Distribution business for sale.
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