MergerPlace

Well Established Product Based

North Carolina (Wake)


  • Asking Price: $355,000
  • Gross Income: $454,207
  • Cash Flow: $142,653
  • Real Estate: Not Disclosed
  • Inventory: $13,000
  • FF&E: $20,000
  • Listing ID: #205668
  • Established: 2009
  • Employees: 2 FT/ 3 PT

Business Description

This well established company (2010) is a product-based sales and marketing business. The products offered are in high demand and need, essential for a healthy home environment. A robust customer list of 10,000 Research Triangle homes/users is included. Past customers are incredibly loyal and are often upgrading their equipment. Recurring revenue is generated through the parts and service department, and new product sales to the customer database.

Currently the business has an office and "demo" space in Raleigh NC. There, customers and prospects can see various models and learn about new products and services. There are two employees in the office, while five others (2FT / 3PT) are in the field, going to customers' and prospects' homes/offices on preset appointments, making presentations and closing sales.


Business Details

Primary Business Category: Services - Other Services
Location: North Carolina
County: Wake

Company Information

Year Established: 2009
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 2 FT/ 3 PT

Financial Information

Asking Price: $355,000
Gross Revenue: $454,207
Cash Flow: $142,653
FF&E: $20,000
Inventory: $13,000
Seller Financing Available: Yes

Property Information

Facilities:

Located in Raleigh, NC in an upscale shopping center (although business does not need retail location), this is an ideal perfect location for a small business of this nature. The showroom/shop space is leased and covers 1,452 square feet. ($1,400/month!) The furniture, fixtures and equipment value is around $20,000 and the inventory held in the shop is around $13,000.

Growth & expansion opportunities:

Great potential for growth. Only limited by the owner's ambition, motivation, and abilities to manage and motivate. - Add more sales people/appointment setter - Increase marketing (Social & traditional) & advertising - Open satellite locations in other parts of Triangle

Competition:

Industry is rather competitive. However, this business services a loyal and somewhat captive market segment.

Reason for selling:

Owner looking to relocate to start a family.

Support & Training:

Will train for 4 weeks @ no cost. The business has an exclusive distribution agreement with a manufacturer and distributor of healthy home products. The products are state-of-the-art systems. The Company helps customers create clean, safe, and healthy indoor environments for over 50 million businesses and homes in the U.S. and Canada.

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Business Listed By:

Don Emmett

Murphy Business Brokers