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Business for Sale Summary

DISTRIBUTOR OF SAFETY & INDUSTRIAL PRODUCTS - 23341

Business Type: wholesale/dist businesses,all industries,durable goods (conditions),misc. wholesale/distribution/non-classifiable,special situations,best deals!,absentee business,new to market
DISTRIBUTOR OF SAFETY & INDUSTRIAL PRODUCTS
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Financial Information (non-confidential)

General Information
Asking Price $1,650,000 Down Payment $1,650,000
Gross Revenues $4,880,000 Lease Remaining Register Free to View
Owner’s Cash Flow $991,200 Number of FT Employees Register Free to View

Financing

$1,650,000 Down and NEGOTIABLE

Business Description

Started in 2005 this distributor of safety, industrial, and environmental products has grown to become a major player in the Tri-State area and has clients nationally as well This is a one stop shop for over 7000 sku's. The owner, having been in this business for 20 years thoroughly knows is product line, and what the customers want. Super Storm Sandy drove sales to over 5 million in 2012. Now, with additional new business coming from Massachusetts and Florida, the inventory must be expanded, a tractor trailer is needed, along with fork lifts and other equipment and supplies necessary to service all of this business. A new and larger space is a real possibility as this business prepares to increase it's revenue by more than 50% in the next year. The seller is looking for a 49% equity partner. All income and expenses will be proven by a forensic accountant and the owner will insure you're investment with a 2 million dollar life insurance policy. You can also meet with the people who will be bringing this new business to the firm. THIS, is a great investment! Includes 8 trucks and vans

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.