Business For Sale Listing 141503
GSA Office Furniture & Supplies Distributor
Status as of Nov-22-2008 at 06:02 PM: Off The Market
Business Summary
This business was established by the current owner in 1995. The business specializes in sales of office supplies and office furniture, via the internet, to government agencies. The company sells office supplies (sticky notes, pens, disk, laser toner cartridges, tape, copy paper and etc.). The company also sells office furniture (chairs, desks, computer work stations, conference room tables, phones, laptops, copy machines and much, much more). The company has GSA Advantage contract status, which means the company is an approved vendor for the government. This status allows various agencies and departments of government to purchase product from you at will. The products sold are name brand products like Hon, Post-it, Wilson Jones, Acco, 3M, Hewlett Packard, Sharpie, Scotch, Mead, Rolodex, Procter & Gamble and the list goes on. The owner had 10,000 items, when he increased to 20,000 items his sales doubled. The company now offers 40,000 items for sale. The company also has the necessary vendor agreements in place. The owner says that these agreements, both the GSA contract and the vendor agreements, are not easily secured and will be an asset to a new owner. The following list of the top five customers, for 2007 year-to-date, shows the balance customer base that the company enjoys:
Customer (A) 4.80%
Customer (B) 3.81%
Customer (C) 3.78%
Customer (D) 3.04%
Customer (E) 2.80%
The business is run with two employees (the owner and his administrative assistant). They work from 8:00 a.m. to 5:00 p.m. Monday through Friday. The business is housed in a +/- 3,000 square foot space. The company has more than enough room for more growth (it does not carry inventory - inventory is drop-shipped from the manfuacturer to the customer). The front of the space has two offices up front and one in back. There is a small warehouse with a dock and overhead door, but no inventory all product is drop shipped to the customer.
Categories
| Industry: |
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| Location: |
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Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (3,000,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (350,000 to 370,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
12/31 |
| Asking Price: |
Between $1 Million and $2.5 Million (1,200,000) |
