Profitable Material-Handling Equipment Distributor for Sale.

Charlotte, NC (Mecklenburg County)

Profitable Material-Handling Equipment Distributor for Sale.
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Asking Price: Get Financing: $85,000

Cash Flow: $44,000

Gross Revenue: $343,000

EBITDA: $20,000

FF&E: N/A

Inventory: N/A

Established: 1986

Profitable Material-Handling Equipment Distributor for Sale.

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Business Description

PROFITABLE MATERIAL-HANDLING EQUIPMENT DISTRIBUTOR FOR SALE.

This uniquely-positioned and home-based business with NO EMPLOYEES offers an industrial-experienced individual an excellent opportunity to own and grow a profitable and well-established business!! General knowledge of material-handling equipment is a plus for a buyer, but is definitely not a necessity as the owner has a business, not engineering, degree! The business involves analyzing proposed capital projects and then making proposals to a wide-range of established clients. For each proposal, the company performs a “diagnostic” evaluation of the scope of the project, followed by the development of a detailed recommendation of the equipment requirements and related costs. Over the years, the company has developed a number of templates it uses in analyzing the equipment configurations for the different projects which, while different in nature, tend to have certain similar characteristics. Much of the equipment is custom built for each project, depending upon the scope and nature of the client work to be performed. The company has a long-term 30-year strategic alliance with ACCO, a major equipment manufacturer, and works closely with ACCO-subsidiary, Louden Machinery Company, to provide the basic component parts of each equipment design. There is a wide variety of equipment which can be provided by the business, ranging from fork lifts, rail systems, cranes, hoists, grabs/lifts, and stackers. The company maintains NO INVENTORY, and each client contract awarded involves a distinct equipment order and configuration based on the proposed equipment specifications and costs. Established sub-contractors are then used for the equipment installations. With NO EMPLOYEES or INVENTORY investment, this business offers significant ROI potential to a marketing-oriented individual with a general industry background. The company had sales in excess of over $1.1 million in 2007 and owner cash flow in excess of $250,000 prior to the economic downturn beginning in 2009 and accelerating in 2010. It has bounced back well in recent years, although the seller has transitioned into a semi-retired status and performs no direct selling or marketing! The new administration in Washington is promoting domestic manufacturing and related American jobs which could significantly impact and expand the markets served by this company. CALL or E-MAIL TODAY while this profitable and well-established home-based business, being offered at LESS THAN 2X cash flow, is still available!!!

Detailed Information

Employees:
0!!
Facilities:
This is a home-based business with NO inventory requirements which provides a low-overhead cost structure and presents an infrastructure for profitability and excellent ROI potential. (Home Based)
Competition:
General competitive pressures from other distributors/dealers, but the company's established reputation for excellent service and fair pricing provides some insulation from the competition. In addition, the company's long-time strategic alliance with ACCO provides a distinct competitive advantage due to ACCO's excellent reputation for equipment quality and performance.
Growth & Expansion:
Excellent profitable growth potential for someone experienced in industrial equipment, particularly as commercial construction projects continue to recover after being delayed/postponed during the prolonged economic downturn. In addition, a potential growing economy and increased domestic manufacturing associated with the new administration could be a significant positive for the company. Moreover, increased selling and marketing activities by a totally-focused and energized buyer could possibly significantly increase sales with the addition of some new clients achieved through direct face-to-face sales calls.
Financing:
Limited seller financing possibly available for a qualified buyer.
Support & Training:
Seller will provide buyer with sufficient "hands-on" training as part of the sale, including extensive introductions to the long-term client base and major equipment vendors. Seller will also consider being involved in an ongoing relationship with the company as may be negotiated and agreed to by the parties.
Reason for Selling:
Retirement and travel as seller is approaching 70 years of age.
Home-Based:
This business is Home-Based
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(from currently available funds)
 
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Buff Moore

Business Listed By:
Buff Moore

CFC, Inc.

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