Wholesaler - Municipal & Industrial Supplies
Location Tennessee,United States
Asking Price Range $500K - $1.0M
Gross Revenues $890287
Net Profit / Cash Flow $140146
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 6 - 9
Inventory 468000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training As needed by the buyer.
Reason for Sale Seller has other business interests.
Description This company is Middle TN's #1 supplier of fastening systems, power tools and an abundance of other quality construction and industrial supplies. Quasi just-in-time operation delivers all around Middle Tennessee and when the customer needs it. Middle Tennessee is exploding in growth and this company is in perfect position to take advantage and capitalize on the increased market share, where so many businesses have closed down. Majority ownership is available to the right buyer for a nominal down payment; stock purchase would be in the neighborhood of 75% ownership for $100,000 down! This would give the buyer the ability to reorganize the company as one would see fit. The business is very profitable and under the right motivated ownership, can be made even more profitable. Please inquire for more details.
They are located in a large city with phenomenal growth and with a large market outside the city proper. The building sits on 1 acre and is 10,000 sq. ft. with a monthly lease of $3,000 that is set to expire in 2012. The owner has had zero problems with the landlord.
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