Internal ID:
Price:
Total Sales:
Seller Discretionary Earnings:
Industry:
Year Established:
Reason for Sale:
Listing Status:
SALES1
$59,000
$96,215
$90,000
Wholesale and Distribution
1971
True Retirement
Active
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:
Facilities Type:
Facilities Description:
Mecklenburg County, NC
Virtual
This is a home-based business - can be operated from anywhere.
Full-time Employees:
1
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. Any interested persons will need to be approved by the manufacturer.
Support and Training:
Seller will stay to train a new owner - length of time and salary are negotiable. If requested, seller will stay on part-time.
2009 Caminos Drive
Raleigh, NC 27607
Internal ID: SALES1
Price: $59,000
Total Sales: $96,215
Seller Discretionary Earnings: $90,000
Industry: Wholesale and Distribution
Year Established: 1971
Reason for Sale: True Retirement
Listing Status: Active
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. 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.
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:
Competition: This company competes on the basis of price, quality and service. The growth potential of this company is limited only to the aggressiveness of a new owner.
Growth and Expansion:
Location: Mecklenburg County, NC
Facilities Type: Virtual
Facilities Description: This is a home-based business - can be operated from anywhere.
Full-time Employees: 1
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. Any interested persons will need to be approved by the manufacturer.
Support and Training: Seller will stay to train a new owner - length of time and salary are negotiable. If requested, seller will stay on part-time.
2009 Caminos Drive
Raleigh, NC 27607