HELPING PEOPLE BUY & SELL BUSINESSES

Easy To Run Wholesale Distribution Company

Listing #: BBF-411009094

Contact Us About This Listing:

Asking Price:
$1,850,000
Down Payment:
$1,850,000
Financing Available:
No
Gross Income:
$1,556,102
Adjust Net:
$498,462
Year Established:
7
Category:
Distribution - Lighting Products
County:
Lake
State:
Florida

Assets & Liabilities:

Accounts Receivable:
Inventory:
FF&E:
Leasehold:
$0
$0
$40,000
$0
Incl:
Incl:
Incl:
Incl:
Y
Real Estate:
Liabilities:
Other:
Total Assets:
$0
$0
N/A
$40,000
Incl:
Incl:
Incl:
Incl:
Y
Financial Information:
Year:
Type of Report:
Gross Income:
COGS:
Gross Profit:
Expenses:
Net:
Adbacks:
Owner Benefit:
2017
Annualized
$1,556,102
$901,216
$654,886
$349,010
$305,876
$192,586
$498,462
Year:
Type of Report:
Gross Income:
COGS:
Gross Profit:
Expenses:
Net:
Adbacks:
Owner Benefit:
2016
Tax Return
$1,338,694
$945,210
$393,484
$380,711
$12,773
$242,973
$255,746
Year:
Type of Report:
Gross Income:
COGS:
Gross Profit:
Expenses:
Net:
Adbacks:
Owner Benefit:
2015
Tax Return
$1,064,240
$804,041
$260,199
$293,542
$-33,343
$173,708
$139,765

Lease Information:

Rent Price:
Building Type:
Square Footage:
$1,498
Warehouse/Office
5400
Terms:

Additional Information:

FT Employees:
2
PT Employees:
0
Manager(s):
0
Hours Owner(s) Work:
No official hours
Years Owned:
7
Hours of Operation:
No official hours
Experience/License Req'd:
Business Experience
Familiarization Period:
2
Non-Compete:
3 Years, 150 Miles