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Wholesale distribution/ factory direct shipping/Very profitable

North Carolina (Cumberland County)

Wholesale/Dist. - Durable Goods | Wholesale/Dist. - Nondurable Goods

Asking Price $1,300,000 Inventory  
Gross Income $830,000 Real Estate available** 
Cash Flow $322,000 Year Established 1968
FF&E $10,000* Employees 4

* included in the asking price

** not included in the asking price

Everything is shipped factory direct, as they are dealing in household goods, chemicals,dinnerware and small lawn and garden goods. They have accounts with Home Depot, Lowes and several other large chain stores with hundreds of outlets. Their sales were over $20m and possibly will double with a new line they have just obtained. This is a very clean business. They are housed in an attractive office, they do travel some but not extensively. It would help a new owner to have a retail/marketing background.

Facilities: This business is located in a very attractive office park.

Competition: This is one of the biggest Mfg Rep businesses in the southeast. Most customers come to them because they have the contacts with very large companies. Very limited competetion

Growth/Expansion: A totally new product line promises to double or triple sales to somewhere in the area of $40m. The company has shown solid consistant growth.

Financing: Some to Qualified Buyer

Support/Training: Owners or owner would stay for up to two years on employment contract

Reason Selling: Retirement

Business For Sale By

Frank Davidson

704-362-1295

DBI--Davidson Business Investments Inc.

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