Durable Goods Wholesale/Retail - Construction & Agriculture Products

Durable Goods Wholesale/Retail - Construction & Agriculture Products

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Elkhart County, IN
Listing Number:
 IEB-104-11

Financial Information

Asking Price: $649,000 
Real Estate: Owned
Gross Revenues: $970,000
Cash Flow: $143,000
 

Business Description

Specialized product distributor providing much needed products for most every construction, excavation, and agricultural contractor. Price competitive. Better product selection, availability and support than big box stores. 

Price includes Real Estate assessed by county at $350,000; mostly likely valued higher. 4,000 square foot warehouse for indoor storage plus plenty of outdoor storage. 400 square foot office area. All buildings are in excellent condition. 

Approx $250,000 in inventory is owned and will be sold at cost. Additional inventory is consigned by the manufacturer. 

Business does $1 million in revenue with no real marketing in place -- no advertising, no website, no social media, no telemarketing, etc. This is a huge opportunity to further increase revenue by calling other contractors. May also be able to increase pricing slightly without issue. They have built a good client base strictly based on longevity and word of mouth. Product, pricing, and customer service has won them the reputation they have today all across northern Indiana and southern Michigan.
 

General Information

Facilities: 4,400 square foot steel building, concrete floor throughout. 400 square foot office area. 4,000 square foot warehouse area. 13 acres of land with outdoor storage. Fenced area for security. Included in asking price.

Growth & Expansion: A new owner can easily create and implement a marketing program to reach out to construction, excavation, and agricultural contractors that they are not reaching now. They have plenty of outdoor area to expand or carry additional products. Sales growth is available to the right owner.

Employees: 1

Financing: Buyer will need $100,000 - $180,000 down payment and a >700 credit score to secure an SBA loan. Business qualifies for an SBA loan.

Support & Training: Employees are willing to stay. Manager can be retained for training. 

Reason Selling: Retirement

Contact Information


Contact:
 Scott Lands
Phone: 317-333-6655 x 104

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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