||Employees||3 full, 2 part
* Included in Asking Price
Great opportunity to acquire a leading regional distributor of facility, janitorial, hospitality, and food service supplies for the away-from-home market. Sales are broadly diversified among customers in the commercial, industrial, institutional, and government sectors. Top products distributed include sanitary paper, can liners, cleaning chemicals, hand hygiene products, and floor care products.
This company has a strong reputation, a solid team in place, and fixed assets in great condition. The real estate is located on a primary corridor with easy access, and includes over 17,000 sq. ft. of clean and modern warehouse, showroom, and offices with a versatile layout in "like new" condition.
This is a professionally run, profitable and stable business. Due to its high service level, extensive inventory, and competitive pricing, it is the supplier-of-choice for large buyers in its market. Customer loyalty is enhanced by steady replenishment orders driven by proprietary dispensing systems and by long-term contracts: there is a strong base of business with school systems, hospitals, community colleges and other government entities. In addition, with close to 700 active customers, risk is diversified across a broad and growing base of smaller businesses.
Solid supplier relationships are enhanced by savvy and opportunistic purchasing practices that maximize margins. Sellers will train the new owner who will benefit from their proven purchasing skills and experience. As a well-run business with good records and excellent local recognition, this company would be an ideal bolt-on acquisition for a strategic buyer seeking geographic growth. It is also an excellent acquisition target for a business professional looking to transition from a corporate career into business ownership: the business is straightforward, employees in place are experienced, and success is built on the solid execution of sales and operations fundamentals.
Don't miss this great business opportunity! Price includes real estate. Contact us NOW for more information.
Real Estate Number: 270064
|Growth Potential:||This business is in a very desirable place to live in Eastern North Carolina where local growth in key business sectors bodes well for continued organic revenue growth. 2017 sales are expected to grow about 6.0% to approach $1.8 million. 2016 cash flow estimate of $188,426 assumes no rent as the business is sold with its real estate, but also sets aside a budget for owner-manager base compensation. The business has been historically very revenue stable and is currently experiencing organic growth as its geographic area provides a healthy and growing base of customers. The warehouse facility allows for significant growth. Key business development opportunities include adding ancillary product lines, increasing the distribution radius, and expanding the online presence.|
|Training/Support:||Sellers will train new owner.|
|Sale Reason:||Owners must relocate.|
Seller Reference #GREENNC002-N33
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