Business Summary:
This wholesale distribution has been in business since 1972 and owned by current owners since 1987. Current owners have turn the day to day oversight over to good management in preparation for the sale of the company. Territory is parts of seven states: South Dakota, North Dakota, Minnesota, Iowa, Nebraska, Kansas and Wisconsin. Could be relocated to another location in this territory. All routes are run out of the one location so it is important to be somewhat central. They have about 160 active customers. Most of these customers have been customers for many, many years.
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| Year
Business was Established: 1972 |
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| Number of Employees:
11FT/10PT |
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| Facilities / Terms of Lease:
The real estate is owned by the sellers. The building is 8800 sq ft. It is adequate for current sales volume but has room to expand in the future. The business has been at this location for 21 years. In 2000 they added climate controlled offices and garage space. |
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| Potential
Growth/Expansion:
This business will grow via retail growth in the territory. The main customer has very large expansion plans, especially in Minnesota, in the next several years. |
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| Competition:
There is no significant competition in their territory. The product is exclusive enough that there is not competition. |
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| Owner
willing to finance:
$2,250,000 down/$450k for 36mo @ 8% |
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| Owner
willing to train:
Will train for 8 weeks @ no cost |
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| Reason for selling:
Will train for 8 weeks @ no cost |
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Seller Reference Number: 5401-6945
BusinessMart.com Listing Number: 99982 |
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