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The Wall Street Journal Online

Consumable Products Distributor (Non-Food)

Maine

Seller Financing Available

Photo Available
Asking Price:
$670,000
Gross Income:
$1,600,000
Cash Flow:
$230,000
FF&E:
$135,000.00 *
Inventory:
$325,000.00 **
Real Estate:
N/A
Year Established:
1946
Employees:
6 ft
Business Type:
Nondurable Goods

** not included in the asking price

* included in the asking price

Business Description

This consumable products distributor provides specialized non-
food items to the educational, medical, institutional and industrial
markets. It services large and small commercial accounts and
operates as virtually a strategic partner with many of its
customers. The company is dominant in its market area and has
an industry-recognized reputation for service and attention to
detail. It offers the best prices and unmatched services. Its sales
personnel are cross-trained and well informed about the
company products and services.

Detailed Information

Facilities:
The company is headquartered in an attractive and spacious facility in a commercially zoned area. There is ample room for growth and plenty of parking.
Competition:
The business has a diversified customer base with repetitive product requirements. It has long term stable relationships with major vendors. Supplier relationships pose significant barriers to entry from competition. This company outperforms all of its competition on price, quality of service and products. Its competitors have a difficult time breaking into its customer base. Its competitors do not service its market area as efficiently or as well. Because it serves a large variety of business it can offer one stop shopping.
Growth/Expansion:
The company has shown steady growth over the years and this trend is expected to continue. Its success is based on its customer-focused policies and outstanding service. Minimal advertising is done. A new owner could increase the level of marketing.
Financing:
Seller $300K, Down Pymnt $370K, Inv Purchase $325K, Working Capital Needed $100K
Support/Training:
The seller will provide transition training for a new owner.
Reason Selling:
Retirement
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Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Lee Edwards

Lee Edwards
Maine Business Brokers

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Sponsoring Broker

Brian Hanson

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Ad#: 648546

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