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- RE: Importer- Wholesale Distr. Of Medical And Military
- Contact: Marc Lazarus
Quick Facts
Asking Price: | $899,000 | |
Annual Revenue: | $1,358,480 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $253,058 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 4 | |
BBN Listing #: | 949874 | |
Broker Reference #: | 6301-557267 |
Business Overview:
Wholesale distribution of apparel accessories. Clients include medical, surgical, military and hospitality. Larger clients have a 20 year order history. Internal QC department insures quality product for medical clients. Owner runs business approximately 25 hours per week. Purchasing is his main job function. Also handles payroll, A/R and A/P. Inside sales and warehouse manager have been with the company a long time and will remain. Seller will remain 60 days for transfer but will stay longer if necessary.
Started almost 100 years ago, this business has strong roots in the wholesale distribution arena. Products are imported from overseas and sold in the US. Current owner worked for the company for 15 years before acquiring it 9n years ago.
Broadening the product line will attract buyers in industries not currently serviced.
Located in a small industrial park but can be relocated.
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Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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