Outstanding, Highly
Profitable Wholesaler with SBA Financing
Mobile, Alabama
Financials
Asking: $595,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $50,000
Inventory: $4000
Gross: $792,418
Cash Flow: $224,408
Summary Description
This 15-year old company markets to new automobile dealers. Currently, the
company sells only to dealers along the Gulf Coast from Pensacola to Biloxi.
Logical avenues of growth include expanding into Montgomery, Birmingham and
other markets in the Southeast. Auto dealers love the company's products and
service, as it solves important problems for the dealership.
The company is priced competitively at only 2.65 times net cash
flow. This opportunity offers excellent cash flow from your first week of
ownership, a well established customer base, trained employees already in
place, complete training of the new owner by the seller and outstanding growth
potential.
Based on the company's financial performance, a SBA bank lender
has indicated a willingness to finance this acquisition for a qualified buyer.
Please contact William Bruce from this website for complete details.
General Information
Year Established: 1995
Employees: 20
Facilities: The company operates from a modern office / warehouse which
is centrally located in the current trade territory and is leased for $1,300
monthly. Length of lease can be negotiated.
About the Sale
Financing: SBA bank financing available
Support/Training: The seller is committed to a seamless transition and
will thoroughly train a new owner in all aspects of the business. Additionally,
extensive training is available from the company's primary product manufacturer.
Reason Selling: Retirement
Contact Information
William Bruce, ABI
Sunbelt Business Brokers
Phone: 251.990.5910
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