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BUSINESSES FOR SALE

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Outstanding Supplier Of Manufacturers & Resellers

Location  Tennessee,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1455000
Net Profit / Cash Flow  $400000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1994
Number of Employees  10 - 19
Inventory  1662000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  90 days part time free.
Reason for Sale  Seller has diabetes (hereditary) and high blood pressure.
Description  Outstanding Supplier of Manufacturers and Resellers - This opportunity is an outstanding value. This 18 year old Middle Tennessee company is located some distance from Nashville and serves a relatively large geographical area. This business has consistently enjoyed excellent growth and profitability. The Owner, who is in his late 40s and appears to be in excellent health, is willing to sell this business because he has (apparently hereditary) diabetes and high blood pressure. However, he would prefer to stay on for an additional five years or so, transitioning to an incentivized sales position as soon as is reasonably possible. (He is especially good at selling.) This company has an outstandingly effective business model and great relationships with their customers. The company sells durable goods directly to (and for use by) manufacturers and also sells to resellers / retail outlets, who sell to the general public and other small volume users. The Seller has created and / or found some major opportunities that he lacks the finances to develop. Thus, if a Buyer were willing to invest additional funds in the company in a timely manner, the revenue and cash flow could be greatly increased. Furniture, Fixtures, & Equipment: $40,000 Vehicles and / or rolling stock: $152,000 Inventory: $1,470,000 Accounts Receivable (if included): $-0- Land and Building (if included): $500,000 Other Assets: $-0- Current Liabilities to be assumed: $-0- Current Notes to be assumed $-0- Asking Price: $2,200,000 Down Payment: $440,000 Annual Sales Volume: $1,455,000 Cash Flow: $400,000
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