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Financing: $275,000.00 Down and $ 150k over 3 years @ 5% Reason for Selling:Other Business Interest Huge pre and post Covid business opportunity. 15-year- old PPE (Personal Protection Equipment) distribution company. 4 major Vendor suppliers. Seller is the preferred vendor for one of the largest glove manufacturers. All clients are B to B. Clients are pest control companies, dentists, cleaning companies, healthcare, major universities and other institutional buyers. Home based business where the seller does some fulfillment from garage/home office with the bulk being fulfilled by suppliers under his company name. Territory from Maine to Va. The vendors CANNOT supply the end user directly and must use intermediaries like the seller. Huge customer base (250 regular customers). The discounted price from the suppliers is lower than the customer can get directly. Inquiries to vendors are referred to the seller. No client acquisition cost. No web site or online stores- huge opportunity for a buyer. Pre covid margins were 25-40%, Post covid margins were 34-40%. Savvy full-time owner operator can blow this up by adding a web site, online stores, adding vendors and broadening the product base with related products. 70% of sales are fulfilled by the seller and 30% by the suppliers. Unlimited growth potential!! Buyers must provide proof of funds for a meeting with the owner. Contact broker Joseph Stansky at 631-383-3109 for more details.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |