Category:
SF1043 - Wholesale & Distribution
Location:
Northern California - North Bay
Business Description:
Extremely profitable,long established (30 years) North Bay seller/ servicer of industrial equipment. Numerous accounts in place for decades. Revenues: sale of new and used equipment/parts, equipment rental, and repair and maintenance via service contracts. No concentration of accounts. Well trained and efficient employees. Ideal location and reasonable rent-less than 5% of gross revenue. New lease available to buyer. Pre-approved for bank financing with 25% down payment. Sale includes 324k in new equipment/parts, 60k in working capital, substantial rental inventory, 25% of revenue from service contracts in place. Ideal combination of sales and service. Owner is retiring. Listing ID - SF1043
Inventory (included):
$324,270
12 Months Ended
12/31/2017
$1,302,234
(Sales)
$413,633
(Adjusted Cash Flow)
12 Months Ended
12/30/2016
$1,138,071
(Sales)
$207,714
(Adjusted Cash Flow)
12 months Ended
12/31/2015
$887,819
(Sales)
$169,653
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 4 | 3 |
| Owners | 1 | 0 |
Hours of Operation
8-4:30 M-F
Licenses Required:
Monthly Rent Including NNN:
$3,600
Expires:
1/31/2023
Option:
For 5 years
Size(sq.ft.):
6,000
Type of Organization:
Sole Prop
Reason for Sale:
Retirement
Training:
8 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.