71264A-Logging Industry Supplier an Retail Operation

NY

71264A-Logging Industry Supplier an Retail Operation
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Asking Price: Get Financing: $1,045,000

Cash Flow: $230,000

Gross Revenue: $1,932,000

EBITDA: $102,000

FF&E: $125,000

Inventory: $400,000

Lease Rate: N/A /SF

Established: 1984

71264A-Logging Industry Supplier an Retail Operation

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Business Description

Located in Upstate New York, Comstock Logging is a retailer providing logging industry tools, supplies, accessories and service. The primary products include saw chains, tire chains, chainsaws, basic logging supplies, lawn mowers, aftermarket parts, commercial tires and small engine repairs. This retailer has semi-exclusive arrangements with key wholesalers in the industry. It is a low cost provider of Oregon Blount, International products. The company operates from a 5000 square foot facility which includes a storefront, a warehouse with loading dock, office space and customer parking. Currently, 90% of the company’s revenue is derived from the sale of its products to logging and forestry companies and 10% is generated from the sales to homeowners, commercial property managers and local townships. Revenue is generated from 75% phone sales, 5% walk-ins and 25% internet. Internet based sales continue to increase. Distributorships include Simons, Chain Select for Trygg chains, Pewag, Irving Oil, and others.
Consistent revenue growth - includes $125K of equipment - Includes $400K of inventory - 4 FT/1 PT non-union employees - $200K property available for lease/purchase - $74 billion Industrial Supply Industry - $12 billion Logging Industry - Company trucks deliver 25%/75% shipped - Growing internet based sales - Strong management team - Owners will remain for transition as long as needed.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
The owner is available for a transition up to one year. The other three will most likely stay on after the sale.
Reason for Selling:
Approaching retirement.
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(from currently available funds)
 
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