- For the fiscal year ending December 31, 2010 the company showed revenues of $1,538,256 on its S corporation federal income tax return. Pre-tax net profit was $141,760. When the income statement was conservatively recast, seller’s discretionary cash flow was $243,933. Excellent financial records will withstand the scrutiny of a purchaser’s certified public accountant.
The business is offered for $785,000 cash. The sale of the real estate is negotiable. However, attractive real financing is available and the seller’s agents will be pleased to share more detailed information about this financing.
- The owner of the company also owns the land and building in which the company is domiciled. The land is a little more than one acre and the building is 15,800 square feet. It was constructed in 2005 and is definitely a state of the art facility. In addition to an extremely attractive showroom area, there is a large warehouse space with high ceilings and stackable racks. The property is near a major intersection with excellent access to Interstate 10. Extensive parking is available for customers, employees, and the company vehicles. The owner will consider selling the real estate based upon an MAI appraisal and on a basis with which both parties are comfortable. Should a new owner with to enter into a lease, the owner is willing to negotiable a mutually acceptable lease arrangement.
- This company was established a little more than twenty years ago. The present owner acquired the company in 1998 and has grown the business steadily by broadening and diversifying its customer base and its product lines. Revenues have quintupled in the past 12 years. The owner functions as a general manager and his wife provides part-time bookkeeping and marketing services from their home. Four employees handle sales and warehouse functions. The company engages an excellent certified public accounting firm to prepare all tax returns.
The product sold to a number of established accounts includes, but is not limited to, acrylic displays, bags and boxes, countertop displays, fiber optic display cases, garment displays, gem and mineral displays, gridwall, labelers and labels, lights and a variety of accessories, pegboard accessories, showcases and counters, signs and literature displays, slatwall, and tagging products. These are just some of an extremely complete line of products.
Customers are able to visit the store five and one-half days each week during normal business hours.
The owner will provide all necessary transitional support to a new owner. This could include accompanying the new owner to trade shows.
This company has become a one stop shop for its customers. There are numerous barriers to entry, so this company has very little competition. With a customer base in excess of 5,000 this company dominates its marketplace.
- Training Information: 12 weeks
- This business is not a franchise
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