1042-12571 Machinery Sales and Distribution

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30019991
Property Subtypes: Machinery
Building Size (RSF): See Agent
Sale Price: $575,000
Year Business Established: 1996
Gross Revenue: $1,455,461 (Annual)
Cash Flow: $219,263 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Last Updated: 8/9/2017

Overview / Comments

Highly successful sales and service provider of multiple products lines. Specialty is selling equipment for boat and furniture manufacturers, custom wood fabricators and others requiring precision work. Sales are focused on high-end equipment, not small tools readily available. Installation, product service, maintenance and pick-up/delivery are offered. Seller also buys/refurbishes and sells used equipment.

Additional Details

Industry Segment: Industrial Machinery Dealers and Distributors
Reason for Selling: Retirement.
Value of Inventory Included ($): $212
Value of Furniture, Fixtures, and Equipment ($): $630
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: A stand-alone office and enhanced metal warehouse with customized electrical/air-compression built-in systems helps the business store, stage, repair and load the large equipment. It is close to major highways and central to service area (State of Florida).
Employee/Labor Description: 4 FT Monday-Friday 8am-5pm
Mgmt/Training Support Description: Will train for 2 weeks @ no cost The product lines are extensive, as the company represents many high-end manufacturers. The techs are current on their abilities to prep, load,deliver, install, test, and service these machines. Skills required include people skills, sales abilities, negotiating skills, and agreements with manufacturers to sell their products. Mechanical engineering and electrical skills are helpful.
Competition/Market Description: There is competition, but not as many have the knowledge base as this group of techs and seller. Seller is willing to stay on to share his wealth of information to make a smooth transition.
Growth/Expansion Opportunities: Florida is growing quickly in small business creation and expansion, with many younger people moving in. There is a growing market to sell products of quality, which require the tools/equipment offered by this seller's business.
Seller Financing Description: Lender pre-screened with $115K down. Lender Financing is based on a buyer meeting or exceeding standard approval criteria.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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