|Very Profitable Wholesale Distributor|
TexasListing DetailsOffice ID: DIST15
Listing Broker: Joe Vagnone
Listing Price: $250,000
Gross Revenue: $1,744,000
Cash Flow: $60,000
Inventory Included: No
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will consider some financing to the right, qualified buyer.
Absentee Owner: Yes
Reason for Sale:Seller is retiring.
Training:Seller will stay to train a new owner - length of time and required salary is negotiable.
OperationsYear Established: 1985
Form of Ownership: C Corp
Employees (full-time): 1
Employees (part-time): 1
Business Hours: 8:30 – 11:30, 1 – 5 pm – Monday - Friday
Business Description:Overview: This 35-year-old company with only one owner in its history is a nationally known and reputable full service wholesale distributor of ECR & POS systems and printers and accessories, scanners, retail scales and registers. With a stellar reputation for quality and service, this company’s sales exceed $1,800,000 per year. Company Strengths: · Recognized in 2000 as the manufacturer’s largest volume distributor and is consistently in the top 5. · The only distributor for their product lines in the southwest. · Recurring revenue with approximately 125 active customers. · Remarkable customer retention in a highly competitive market, with the longest-standing customer being 35 years. · Experienced and knowledgeable sales and shipping team. · Outstanding relationship with the industry’s leading manufacturer, having represented this manufacturer for many years. Perfect Opportunity for: · A strategic buyer or individual investor seeking a platform business for future growth and expansion.
Historical Summary:The seller of this business began in Bexar County, TX in 1985 and is the sole owner. The business has continued to grow and prosper since that time. In business for 35 years, this company has a rich history of growth with a demonstrated ability to keep up with the latest technology in POS products and accessories.
Owner Qualifications:Registers are 30%% of business, POS systems are about 50%%, and accessories, which include other products / paper (scanners, scales, printers), make up the remaining, so product knowledge is essential, along with basic bookkeeping, basic business, skills etc., good at sales and customer service, problem solving, attention to detail, marketing, basic business and computer skills.
Competition:With 2 major competitors in the territory, this business competes on the basis of superior quality products and price.
Potential Growth:The potential growth of this business is limited only to the creativity of a new owner.
LocationType of Location: Stand Alone
Real Estate for Sale: Yes
Square Footage: 7200
This business\'s location is a stand-alone building, owned by the seller. The building has 2 levels, with 7,200 SF each level. If a buyer wanted to continue operating in this building: the building is for sale or for lease of 1 level, 7,200 SF. The rent amount would be negotiable.
Last Updated: Jun 4, 2020 / 2:34 PM
Financial Information Current as of: Jun 4, 2020 / 2:34 PM