Business Summary:
For Sale for $199,000, this Internet-based distributor of woodcraft items & decorative painting supplies is an excellent opportunity for a new owner to expand business & increase revenues. The asking price includes $18,000 in assets. Inventory is $200,000 & IS included in the price. Gross revenues have increased, & the cash flow is $70,000. Currently renting a warehouse with 4650 sq ft for $1875/mo, & lease terms are 2 yrs + options. In business for 14 yrs, owners are retiring, but are willing to support & train new owner. This business specializes in the woodcraft industry & caters to the "Creative Individual". They ship products to paint companies, craft companies, gift shops, & individuals. Orders continue to come in via email & phone. The business continues to grow with repeat customers & referrals. New customers are attracted through online advertising. Website tracks all orders. New owner could expand business with more marketing, adding new products &/or opening retail store. Sales are already up $47,000 from last year! Currently there are over 200 regular customers & a database to build on for the future. For more details, please download Confidentiality Agreement from website, www.bbotc.net, complete form & sign, then fax to our Charlotte office @704-545-7741.
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| Facilities / Terms of Lease:
Warehouse has 4650 sq ft and is in an excellent location. Rent is $1875/mo with 2 yrs left plus an option to renew the lease 1 add'l time. Low overhead since most of the business comes in through the Internet and by phone. Inventory, which is $200,000, is included in the price, as are the Furniture, Fixtures,& Equipment, worth $18,000. This is a great opportunity with unlimited potential. The business has more than 200 regular customers, as well as a database to build on in the future. Business con't to grow with repeat customers & referrals for last 14 yrs. |
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