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Manufacturer Sales and Consulting Rep Business
North CarolinaListing DetailsOffice ID: SALES1
Status: Active
Listing Broker: Joe Vagnone
Listing Price: $115,000
Gross Revenue: $96,215
FF&E Included: Yes
Sales Structure: Asset Sale
Financing/Terms:
The seller will consider some financing to the right, qualified buyer.
Home Based: Yes
Reason for Sale:
Seller wishes to retire.
Training:
Seller will stay to train a new owner - length of time and salary are negotiable.
OperationsYear Established: 1971
Form of Ownership: C Corp
Employees (full-time): 1
Managers: 1
Business Hours: 8-5 Monday - Friday
Summary
Business Description:
This business is a niche seller of industrial equipment and electric/electronic controls. Independently owned and operated, this 50-year-old company has survived six recessions, the loss of numerous principals, the bankruptcy of several big customers and the exodus of the textile and woodworking industries. Keeping no inventory and not responsible for invoicing or collections, this business model is very lean and could easily be a home-based business. Plus, this business could be easily relocated to anywhere in the Carolinas. This company is the perfect opportunity for an experienced salesperson who wants to grow an established business in a growing, vibrant territory.

Historical Summary:
The seller is the second owner of this company - his father was the first.  The seller has worked for the company since graduating from college, and has owned the company since 2006.
Owner Qualifications:
Sales skills, marketing skills, people skills and business management skills. Some electrical background and some mechanical background would be helpful in taking over this business.

Competition:
This company competes on the basis of price, quality and service.
Potential Growth:
The growth potential of this company is limited only to the aggressiveness of a new owner.
LocationType of Location: Home Based
Facilities:

This is a home-based business - can be operated from anywhere.


Last Updated: Oct 14, 2021 / 7:15 AM
Financial Information Current As Of: Oct 11, 2021 / 3:20 PM