Business Summary:
Outstanding Supplier of Manufacturers and Resellers – This 15 year old Middle Tennessee company is located some distance from Nashville and serves a relatively large geographical area. This company has consistently enjoyed excellent growth and profitability. The Owner, who is in his 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 prefers to keep the real estate, and the business is being marketed without it. If the Buyer insists, the Seller is also willing to sell the real estate in order to sell the business.
Furniture, Fixtures, & Equipment: $40,000
Vehicles and / or rolling stock: $152,000
Inventory: $1,412,000
Accounts Receivable (if included): $-0-
Land and Building (if included): $-0-
Other Assets: $-0-
Current Liabilities to be assumed: $-0-
Current Notes to be assumed $-0-
Asking Price: $3,400,000
Down Payment: $680,000
Annual Sales Volume: $1,122,000
Cash Flow: $367,000
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