Advertising Specialties Distributor
Location: Texas > Major Metro Area
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Asking Price: $119,000
Gross Revenue: $495,817
Gross Revenue Comments: 4 year average
Cash Flow: $41,074
Cash Flow Comments: SDE - 4 year average
Inventory: $12,000 (Included in Asking Price)
FF&E: $6,000 (Included in Asking Price)
Seller Financing: The seller will consider some seller financing for a qualified buyer.
Business Summary
This distributor sells a wide variety of advertising, promotional specialty items, emblematic jewelry and flags and also does flag pole installations through the use of contract installers. Their clientele includes some very large, international companies, state government agencies and several universities. The business is well established as it was started in 1961. They warehouse a minimum of inventory since most orders are special imprints. Customers utilize a 140 page catalog to make their product selections. The company utilizes various suppliers for their products. The business has many repeat customers and relies on its reputation and many years in business.
About the Business
Year Established: 1961
Employees: 3 full time - 1 part time
Facilities: The seller owns the facility, which is available for lease or sale to whoever buys the business. The building is approximately 35'x50' with 4 offices, showroom, small storage/work area, kitchen and 2 bathrooms. The showroom has some built-in display shelving, merchandise storage cabinets and a sales counter. There are 2 external storage buildings, one 12'x16' portable building and the other is a fully enclosed shed, 12'x35'. There is parking for four cars in the front of the building and an additional six more on the side of the building.
Market Outlook and Competition: There are various competitors in the area but the seller is well established and has approximately 300 customers. The seller's business base is located in the immediate metro area which is growing and offers many untapped opportunities. The seller has not been active on a daily basis in the business for several years and states that the company has not been aggressive in taking advantage of the opportunities.
About the Sale
Management Training and Support: Seller's daughters currently operate the business full time with his wife coming into the office one day per week. Seller and his daughters will remain for thirty days.
Reason For Selling: The seller is 83 and his wife is 76 and they would like to fully retire

List Your Business for Sale | This listing has been viewed 136 times

advertisement
Listing Tools
BizQuest ID:891316
Seller ID:080215
Business Listed By
Name:Paul Conley
Company:Business Merchants, LLC
Recommended Resources
Sponsored Links
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.