Profitable Distribution company with $180,000 of assets included

Hatboro, PA (Montgomery County)

Seller Financing Available
Profitable Distribution company with $180,000 of assets included
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Asking Price: $100,000

Cash Flow: $36,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: $20,000

Inventory: $180,000

Rent: $1,800 /Month

Established: 2014

Profitable Distribution company with $180,000 of assets included

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Business Description

Asking Price: was $180,000, now $100,000

This is a cash business. Sales: 65% cash, 35% credit cards. Since I can't prove the cash sale portion, price has been reduced from $180,000 to $100,000. Essentially, this is an takeover/asset sale on a profitable business that generates around $3000 cash / month.

Included in sale: $180,000 retail value of merchandise, $20,000 fixtures and warehouse equipment.

I am a hands off owner and only work 5-10 hours a week on business (remotely). Stable employee to continue managing warehouse and daily sales. Currently, limited hours and limited delivery due to my full time job. Sales can grow with additional hours, dedicated delivery schedules, marketing campaigns and new locations.

Gross Annual Revenue: ~$100,000
Lifetime revenue (4.5 years): $451,914
Rent: $1,800 /Mont. Month to month with 3-month notice.
Established:2014
Average historical cash flow: $3,045 / month profit

Sale includes:
1) ~$180,000 inventory (we are selling at 30%),
2) $20,000 fixtures/assets. Forklift ~$10k included, security video DVR, computer, printer, warehouse equipment, etc.
3) Existing client book, around 800-900 local businesses who were previous customers.
4) All corporate ownership. S Corp. CPA will convert ownership. No liabilities.
5) PA Sales tax license. Current.
6) Square and Paypal accounts.
7) www.BoxStoreReturns.com website and emails.
8) Software for database scrubbing and uploading inventory photos, title and descriptions
9) Agreement with supplier. Ongoing for close to 5 years (Purchase $60-80K truckload for 2.5% or less, sell for 30%)
10) New shipment prior to sale. I will pay for a new shipment prior to the purchase of the business.

Location: 244 East County Line, Hatboro, PA 19040
Employee: 1 paying $600/month cash for 10 hours/week. $150/week. Employee wants to stay on.

Detailed Information

Location:
Hatboro, PA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Sale includes: 1) ~$180,000, various monthly 2) $20,000 fixtures/assets. Forklift ~$10k included, security video DRV, computer, printer, warehouse equipment, etc. 3) Existing client book, around 800-900 local businesses who were previous customers. 4) All corporate ownership. S Corp. CPA will convert ownership. No liabilities. 5) PA Sales tax license. Current. 6) Square and Paypal accounts. 7) www.BoxStoreReturns.com website and emails. 8) Software for database scrubbing and uploading inventory photos, title and descriptions 9) Agreement w
Competition:
We have an ongoing agreement with our main supplier, which you will take over. Ability to purchase at a fixed 2.5% of MSRP for entire truckloads. Currently only taking 1 truckload a month, ability for 2 if you want to expand.
Financing:
50% down, 50% note over 50 months.
Support & Training:
1 month training included, additional time if needed. $1K/month fee
Reason for Selling:
Full time job traveling more, and other interests
Business Website:
http://BoxStoreReturns.com
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Business Listed By:
David Nelson

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