Distributor Specialty Equipment

Sarasota, FL (Manatee County)

Distributor Specialty Equipment

Asking Price:$650,000

Cash Flow:$204,833

Gross Revenue:$1,060,103

EBITDA:N/A

FF&E:$25,000

Inventory:$125,000

Rate/Sq. Ft.:$5.11

Established:1990

Distributor Specialty Equipment

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Business Description

Very profitable construction equipment company

This very profitable equipment sales and distribution company has been in business over 25 years. It is prequalified for SBA financing. Many recurring customers from Tampa to Naples, with favorable relationships developed over many years. Owner willing to stay in a sales/consulting status to help new owner with transition, and continue growth of business. Price includes at least $100,000 of inventory. Owner owns the real estate, and willing to lease on favorable terms. New lease to be negotiated.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,500
Lease Expiration:
N/A
Employees:
2 FT, 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 2,500 s.f. facility consists of office and warehouse space. Some equipment, but mostly new inventory valued at approximately $125,000 is stored there. The building is owned by Seller, who is willing to continue to lease to a new Owner to be negotiated.
Competition:
Some competition exists. However, Seller has developed many loyal customers from Tampa to Naples over 25 years.
Growth & Expansion:
Seller typically works only 4 or less days per week. So there is room for growth with a new Owner. Also, more attention to internet sales could be a good source of growth.
Support & Training:
Seller will provide 2 weeks of training to new Owner at no cost. But is also willing to continue on a consulting basis to help with transition with customers and new Owner. Seller may also be willing to stay in a consulting/sales role.
Reason for Selling:
Seller is retiring

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Jim Allan

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Jim Allan

Florida International Business Brokers

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