Overview

Wholesale and Distribution

Manufacturer Sales and Consulting Rep Business

Price: $59,000

Listing ID: SALES1

Annual Sales: $96,215

Seller Discretionary Earnings: $90,000

Year Established: 1971

Reason For Sale: True Retirement

Listing Status: Active

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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 & Expansion:

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