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Paper, Packaging and Maintenance Products Wholesale Distribution Business for Sale Houston Texas AreaDescription:
Commercial and industrial distributor of paper, food service, packaging and maintenance supplies and products located in the Greater Houston area. Company has a 30 year history of success and a great reputation for distribution of a wide range of commercial and industrial consumable products. Customers in a wide variety of industries including, medical, industrial and food service among others. 400+ active customers with no single customer representing more than 8% of revenue in 2016. Located in the fastest growing region of Greater Houston, sales have increased with strong and consistent earnings.
Reason for Sale:
The owner has reached retirement age and wishes to sell the business. As part of a sale the Seller will enter into a Non-Competition Agreement to benefit the Buyer on terms acceptable to the Buyer and Seller.
Opportunities for Business Growth and Improvement:
Online Marketing and Website Development– Company currently has no web presence. Establishing a web marketing presence could attract new customers and enable easier purchasing methods for existing customers.
Expanded Product Line – Company can broaden and expand the current product mix sold to the very well established existing customer base.
Expanded Market Coverage - Company has relied on a static customer base and can increase sales efforts to add new customers and grow the sales and profits of the business.
Buying the Business:
Acquisition Financing – Small Business Administration (SBA) backed financing could be available to a qualified buyer. Typical terms are approximately 20% of purchase price as down payment and the balance of purchase price paid as a note amortized over 10 years.
Click Here for information on a typical business purchase using SBA backed financing.
Transition to New Ownership – The current owner will train and assist buyer after the sale of the business for a smooth transition to new ownership. The written transition plan will be agreed to by Buyer and Seller as part of the sale.
Terms of Sale – Unless otherwise agreed to by the Buyer and Seller the business will be purchased debt free and all assets of the business will be transferred to the Buyer free of liens or encumbrances.
Next Steps – If you have an interest in learning more about this business for sale contact the broker representing the company. Upon completion of a Confidentiality and Non-Disclosure Agreement and initial exchange of information, the broker may provide additional specific and detailed confidential information about the business.
Click Here for details on why Confidentiality is important in a business sale.
|Industry: Distribution / Wholesale|
|Purchase Price:|| $995,000
xPurchase Price Notes:
|Annual Cash Flow: *||$204,995|
|Listing Agent:||Kenneth Teusink|
|Annual Revenue:|| $1,796,000
xAnnual Revenue Notes:
|Real Estate:|| Not Included
xReal Estate Notes:
* Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner’s compensation. See earnings detail from Seller.