|Logistics / Storage Provider|
NCListing DetailsStatus: Sold
Listing Broker: Jeff Snell, M&AMI, CBI, ABI
Listing Price: $325,000
Gross Revenue: $2,007
FF&E Included: No
Sales Structure: Asset Sale
Financing/Terms:Seller will consider an appropriate component of owner financing per terms sheet.
Reason for Sale:Seller is interested in pursuing opportunities outside of current industry.
OperationsYear Established: 0
Form of Ownership: S Corp
Employees (full-time): 2
Business Hours: M-F 8am-5PM additional hours as needed
Business Description:The business provides distribution and logistic services to a diverse and loyal base of customers.
Historical Summary:The company has grown at a steady pace since inception as it's excellent reputation for quality ans service became more widely known.
Owner Qualifications:Owner must possess basic marketing, organizational and financial skills sufficient to perform necessary financial, marketing, and operational tasks.
Competition:Most of current competition is in Winston Salem and Greensboro. Very little in High Point. Buyers have multiple warehousing and distribution options but choose this business based on it's excellent reputation and location.
Potential Growth:Major FedEx Hub slated for completion in late 2008 early 2009.
LocationReal Estate for Sale: Yes
Option: right of first refusal for purchase
Lease Security: $32,000
Monthly Rent: $25,000
Square Footage: 190000
warehouse with offices as needed
Last Updated: Dec 18, 2017 / 11:53 AM
Financial Information Current as of: Jul 23, 2013 / 2:17 PM