Under Contract - Distributor of Industrial & Electrical Supplies

Indian Trail, NC (Union County) (Relocatable)

Wholesale Distributor
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Asking Price: $795,000

Cash Flow: $200,000

Gross Revenue: $2,600,000

EBITDA: $200,000

FF&E: $15,000

Inventory: $500,000*

Real Estate: $1,250,000*

Established: 1978

*not included in asking price.

Under Contract - Distributor of Industrial & Electrical Supplies

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Business Description

This distribution business has been established for decades and is owned debt free. The owner also owns the real estate which has gone up a lot in value. As a result, this business would be best suited to be relocated to a lower rent facility somewhere in the Charlotte metro area. Most of the employees have been with the business long term.

The real estate valued at $1.25M is available for lease or purchase.

Sales have been consistent and lots of room to grow this company. Specific products they sell can be disclosed once a confidentiality agreement is executed. This business is not likely to be on the market long.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
20,000
Employees:
19 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
20,000 sq. ft. space
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Health and Other Interests
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Contact the Seller

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Bill Law

Business Listed By:
Sunbelt Charlotte

Sunbelt Business Brokers Charlotte

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