Successful Florida- Based Wholesaler/Distributor

FL

Successful Florida- Based Wholesaler/Distributor
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Asking Price: Get Financing: $950,000

Cash Flow: $283,010

Gross Revenue: $3,810,074

EBITDA: N/A

FF&E: $55,000

Inventory: $221,427

Lease Rate: $14,028 /SF

Established: 2004

Successful Florida- Based Wholesaler/Distributor

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Business Description

Importer and wholesale /distributor of products to a specific industry. World-wide clients. Company has 5 salespeople who work on commission. Experienced warehouse personnel. Products are handled from its single warehouse facility and is located in a desirable area of Fla. Excellent books & records. YTD March 2018 Revenues $972k & Cash Flow of $70k. Seller hasn't been proactive for several years. Plenty of room for growth opportunities with additional product lines. Inventory of $221,427 is included in Purchase Price.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
35,000
Lease Expiration:
6/30/2019
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Same location for many years - Room for expansion.
Competition:
Long term relationships with clients and suppliers
Growth & Expansion:
Need additional product lines and salespeople.
Support & Training:
Good management in place but Seller will provide four weeks at no cost for a smooth transition.
Reason for Selling:
Seller has other interests
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(from currently available funds)
 
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Glenn Behr

Business Listed By:
Glenn Behr

Premier Business Group, LLC

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