National Wholesaler

Financials

Asking Price of business :$415,000
Included In Asking Price :Furniture, Fixtures & Equipment: $30,000
Inventory :$375,000
Annual Sales :$850,000
Cash Flow :$205,000

Summary Description

This company wholesales high quality accent accessories from diversified sources. It has sales representatives and active sales accounts throughout the US. The business has an industry-recognized reputation for service and quality. This is an exciting opportunity for an individual who enjoys administration, sales and marketing, and occasional national and international travel. The business is highly successful in its current location, but it could be relocated within the state of Maine or elsewhere.

General Information

Year Established :1980
Employees :4 FT 2 PT
Facilities :The company’s facility is about 2,000 square feet. This is more than adequate for the current operation and for expansion of the operation.
Business Location :Maine Relocatable

Market Outlook

Competition & Market :

Sales are generated by on-the-road sales reps and by an in-house sales team. The company is known for its personal service and quick customer response, which gives it a competitive edge. Its sales have held relatively stable in the current economy because it is flexible and responsive to changes with in its marketplace.

Growth & Expansion :

A new owner can pursue numerous growth avenues to increase sales. Opportunities vary from type of owner involvement to various methods of adding new accounts that are not being done by current owner.

About the Sale

Financing :

$230,000 Anticipated Seller Financing
$185,000 Down Payment
$375,000 Inventory Purchase
$25,000 Working Capital Needed

Support/Training : The seller will provide transition training to a new owner and provide introductions for a new owner to its specially selected vendors.
Reason for Sale : The seller plans to relocate and does not want to run a company as large as this one has grown to be.

Contact Information

Reginald E. Perry
Maine Business Brokers
Phone: 207-775-1957
Email: .(JavaScript must be enabled to view this email address)

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