Manufacturer Sales and Consulting Rep Business

Summary Information

Internal ID:
Price:
Total Sales:

Seller Discretionary Earnings:

Industry:
Year Established:

Reason for Sale:
Listing Status:

SALES1

$115,000

$96,215

$90,000

Wholesale and Distribution
1971

True Retirement
Active

Summary

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.

Competition:

This company competes on the basis of price, quality and service.

Growth and Expansion:

The growth potential of this company is limited only to the aggressiveness of a new owner.

Location

Location:

Facilities Type:

Facilities Description:

Mecklenburg County, NC

Virtual

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

Labor

Full-time Employees:

1

Support and Training

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.

LISTING BROKER

Joe Vagnone

Joe Vagnone
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607

Summary Information

Internal ID: SALES1
Price: $115,000
Total Sales: $96,215

Seller Discretionary Earnings: $90,000

Industry: Wholesale and Distribution
Year Established: 1971

Reason for Sale: True Retirement
Listing Status: Active

Summary

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.

Competition:

This company competes on the basis of price, quality and service.


Growth and Expansion:

The growth potential of this company is limited only to the aggressiveness of a new owner.

Location

Location: Mecklenburg County, NC

Facilities Type: Virtual

Facilities Description:

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

Labor

Full-time Employees: 1

Support and Training

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.

LISTING BROKER

Joe Vagnone

Joe Vagnone
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607