Business Summary
This successful, growing distributor demonstrates that there are niches in the textile industry that are still thriving in the USA. Revenues have grown an average of 20% over the last three years. In business for over 17 years, this company has been providing a good income to the owner and has grown its sales even during the economic turn down. With a great reputation in the market, the business caters to large industrial companies.
Operating out of a rented facility, the business is located in Greer SC. Recently the owner has done little advertising; many customers come by word of mouth. After the founder of the business passing-away in 2012, the present owner is selling the business to cash out. A hands-on business owner could grow the revenues and profits of the business by doing more marketing and sales.
Reference # SD 131103
| Asking Price: | $597,000 |
| Gross Income: | $1,712,045 |
| Cash Flow: | $133,422 |
| Down payment: | $Negotiable |
| Real Estate Value: | $N/A |
| FF&E: | $10,500(est) |
| Inventory: | $25,000 |
Building & Property
| Building: | rented building |
| Monthly Rent: | $3,100 per month |
| Real Estate Available: | No |
General Information
| Reason for Sale: | Owner wants to cash out |
| Franchise: | No |
| Support/Training- | Negotiable |
| Hours: | 7-4 M-Th, 7-1 Fri |
| Year Established: | 1977 |
| Financing Provided: | Owner financing: negotiable |
| Employees: | FT:9, PT:1 |
For complete information about this business for sale:
Empire Business Brokers, LLC
Contact: Alan Melton
Empire Business Brokers, LLC
1361 W. Wade Hampton Blvd, Suite F, PMB #253
Greer, SC 29650
Office 864.241.0606 / Fax 864.751.5121
The information and materials in this listing have been provided by the Client. It is to be used for the purpose of evaluating the company as a potential purchase. While the Client believes that such information is accurate, accuracy is not guaranteed, nor should the information be considered complete. Statements contained in the presentation which cover matters of opinion, whether or not so identified, are that only, and are not representative of fact. No representations or warranties are herein expressed or implied.
For more information, contact us today: 864-241-0606 or click here to email us
