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Wholesale POS Distributor
North CarolinaListing DetailsOffice ID: DIST14
Status: Active
Listing Broker: Joe Vagnone
Listing Price: $375,000
Gross Revenue: $2,335,142
Cash Flow: $124,213
Inventory: $152,000
Inventory Included: No
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:
Seller would consider some financing to the right, qualified buyer.
Reason for Sale:
Seller is retiring and pursuing other interests.
Training:
Seller will stay to train a new owner for a transition period - length of time is negotiable.
OperationsYear Established: 1986
Form of Ownership: C Corp
Employees (full-time): 1
Employees (part-time): 1
Business Hours: 8 am – 5 pm Monday through Friday
Summary
Business Description:
Overview: This well-known and reputable company is a nationally and regionally recognized award-winning distributor of top-quality POS products and accessories.  Widely known for speed, efficiency, and exceptional quality and service, this company’s sales exceed $2M per year.   Company Strengths: ·      Positive and long-standing reputation as the most reliable distributor of POS products and accessories on the eastern seaboard ·      Recurring revenue with approximately 200 active customers ·      Outstanding ability for customer retention in a constantly changing market – some have been customers for 34 years. ·      Experienced and knowledgeable sales and shipping team.  ·      Strong relationship with the industry’s leading manufacturer, having represented this manufacturer for over 20 years, and being their 2nd largest distributor for the last 12 years. ·      In business for 34 years in a very competitive market. Perfect Opportunity for: ·      A strategic buyer or individual investor seeking a platform business for future growth and expansion. For more information, please inquire today.
Historical Summary:
This business began in 1986 with the current owner.  Has represented the industry's leading manufacturer for over 20 years.
Owner Qualifications:
Product knowledge, good at sales and customer service, problem solving, attention to detail, marketing, basic business and computer skills.
Competition:
This business acknowledges 3 competitors and competes on the basis of superior quality products and price.
Potential Growth:
Potential growth is limited only to a new owner's creativity and marketing.
LocationType of Location: Stand Alone
Square Footage: 6000
Facilities:

The building where the business currently resides is owned by the seller, and is far too much space to operate this business.  A new owner could rent the 6,000 SF currently required to operate the business to a new owner.                     


Last Updated: Mar 20, 2020 / 11:07 AM
Financial Information Current As Of: Mar 19, 2020 / 2:12 PM