Sale Pending: Sporting Goods Wholesale Distributor

Albuquerque, NM (Bernalillo County)

Seller Financing Available
Warehouse
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Asking Price: $325,000

Cash Flow: $107,000

Gross Revenue: $938,556

EBITDA: $275,576

FF&E: $40,700

Inventory: $175,000

Rent: $7.20

Established: 1978

Sale Pending: Sporting Goods Wholesale Distributor

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Business Description

Turn-Key Steady Income Profitable Great Expansion Potential

Established in 1978 fishing tackle, live bait, and camping supplies wholesale distributor. Our current territory is all of NM, southern CO, and eastern AZ, with a few more scattered in other states. Sales $880,000 to $1 million annual average. Currently have an active base of 190 customers. Inventory fluctuates between $150,000 to $300,000.

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Detailed Information

Location:
Albuquerque, NM
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
12/31/2016
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a 5,000 sq ft leased warehouse, can be relocated if desired. Cargo van, forklift, pallet jack, 248 sq ft walk-in cooler have panels to add 36 sq ft, 7 freezers, 120 lineal feet of shelved gondolas, 250 lineal feet of pallet shelving, order pick carts/baskets, 3 complete pc's, software, fax machine, office furniture.
Competition:
Competition light all based outside of NM.
Growth & Expansion:
With the right funding and staff there is great potential growth. Some people want to have a salesman walking in once a week to service them. Besides physically delivering spring orders all merchandise is shipped. We wanted to keep it a size we could handle. After 37 years we didn't want to grow anymore.
Financing:
$200000 cash down $125000 3 years 8% interest
Support & Training:
Owners will train for short duration and manuals will be provided.
Reason for Selling:
Owners are retiring.
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Business Listed By:
Dixie McAllister

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