Profile: Wholesale Distributor Of Hospitality Supplies.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Ken Oppeltz, Broker
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| Primary Phone: |
858-391-3388 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/24/08 |
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| Date Last Revised: |
11/24/08 |
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| BizBen Ad #: |
130003 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$695,000 |
| Down Payment: |
$695,000 |
| Annual Revenue: |
$1,372,040 |
| Annual Adjusted Net: |
$205,512 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Summary
Highly Profitable Wholesale Distributor Of Hospitality Products! This Business Is A Premier Wholesale Hospitality Supply Distributor Servicing San Diego County. The Business Is Long Established And Provides A Wide Variety Of Supplies. A Great Reputation In The Industry Has Allowed The Business To Be Successfully Operated Without An Advertising Campaign. Many Of The Business’s Clients Are Obtained On A Referral Basis. It Is The Company’s Exceptional Customer Base, And Simple Operation, That Make For An Exciting Opportunity To Acquire An Expandable And Successful Wholesale Distribution Company.
Marketing
This Business Has No Formal Marketing Campaign. The Business Gets Its Clients Primarily On A Referral Basis. The Company’s Goal Is To Maintain A Portfolio Of Quality Customers With A Consistent Workload Rather Than A Large List Of Unprofitable Clients. Because Of This, The Business Has Been Selective In Obtaining New Clients.
Strengths & Opportunities
Long Established; Great Reputation In The Industry; Loyal Cliental; Experienced Employees; Reasonable Lease; Not Vulnerable To General Economic Fluctuations; Very Steady Revenues; Flexible Operations- Run It Part Time, Full Time, Or Expand The Operation.
Hours & Staffing
The Business Currently Employs Two (2) Full-Time Employees. Should The New Owner Choose To Keep Them, Both Employees Are Expected To Stay. The Business Is Operated Monday-Friday 9:00 A.M. To 5:00 P.M.
Area, Facilities & Equipment
The Business Is Operated Out Of An Industrial Warehouse. The Facility Includes Dock High Doors, Grade Level Doors, And Office Space.
Company History
The Company Was Originally Founded Over Twenty Years Ago By Its Current Owner. The Business Began As A One Person Operation In Its First Year, Adding Employees As The Workload Warranted. In 1992, The Owner Decided To Arrange A Part Time Work Schedule By Hiring A Sales Manager. Sales Have Been Maintained At A Level That Is Efficient, But Not Overwhelming For Two Fulltime Employees, And Allows The Owner’s Participation To Average About 10-12 Hours Per Week.
Financial Summary
The Company Has Intentionally Maintained The Volume Of Business At The Same Level In Order To Accommodate The Workforce And The Current Owner’s Lifestyle. Year To Date Sales Through July 2008 Have Increased Over 2007 Levels. A Recent Expansion In Sales With One Of The Company’s Larger Customers Is Anticipated To Further Increase Sales For The Second Half Of 2008.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Ken Oppeltz, Broker at 858-391-3388 Non Disclosure Agreement |
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