Business For Sale Listing 153885
Internet-Based Distributor for Wood Craft Supplies
Status as of Dec-1-2008 at 05:59 PM: Active
Business Summary
For Sale for $119,000 plus inventory (approx. $160K) is this Internet Distributor of Wood Craft items & decorative painting supplies. Wonderful opportunity for someone who would like their own business. A sharp owner/operator could purchase this business, which could be relocated, & expand the business by offering additional marketing, exciting new products and/or opening a retail outlet. Now is the perfect time to purchase this company due to current economic conditions which will likely prompt more people to buy unfinished products to finish themselves. Gross revenues, at $322,832, have steadily increased & the cash flow is $70,000, which is $55,000 more than previous year. The inventory is approx. $160,000, but the owner is willing to possibly finance a portion of it. The asking price also includes $18,000 in warehouse fixtures & assets. Currently, a 4650 sq ft warehouse is rented for $1875/mo & the lease terms are 2 yrs plus options, but remember, this business could be relocated. Presently there are over 200 regular customers in addition to an average of 500 visitors/day to the website. The Wood Craft Distributor ships products to craft companies, schools, church organizations, retailers, & the “creative individual”. Orders are received daily via the online store, fax, & phone, & entered into the database. Although the cash flow has more than doubled, the owners have decided to retire after 15 yrs in the business. However, they are willing to train & support the new owner. For more details on this business, please download Confidentiality Agreement from our website, complete form & sign, then fax to the Charlotte office.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($322,832) |
| Profits: |
Under $100 Thousand ($70,000) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($119,000 + Inventory ($160-175K)) |
