Well-established Auto paint supplies distribution Company

Price: $1,500,000

Location: Miami

Industry: Wholesale and Distribution

Listing ID: 1959719

Listing Status: New

Description

Since 2013, this Auto paint manufacturing and wholesale Company has been committed to provide the best service in the industry with the best quality and competitive prices.

They offer a wide variety of products : 1K pearl colors, 1K silver colors, 1K solid base coat colors, 2K solid color, additives, primers, reducers, clear coats and hardeners.

The Company also manufactures paint and coating and commercializes under its own brands with its own labels. Registered Trademark in process.

The sales increased over the years with high margins and loyal repeat customers.
The online sales department has been launched recently through Ebay and the sales are growing quickly.

The Company recently opened a retail store that is already giving excellent results after few months. The Store can be sold separately.

Excellent technical support with knowledgeable team: one full time employee at the warehouse and five sale reps.
Located near the airport, the shipping is more efficient.

All equipment, vehicles and inventory are included in the asking price.

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LISTING DETAILS

Down Payment: $1,500,000

Total Sales: $1,216,080

Cash Flow: N/A

EBIT: N/A

EBITDA: $202,862

Accounts Receivable: N/A

FFE: $50,000

FFE Included: Yes

Inventory: $865,000

Inventory Included: Yes

Operation

Year Established: 2013

Days & Hours of Operation: Monday to Friday 9am - 4pm

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: $4,969

Type of Location: Warehouse

Square Footage: 4,500

Relocatable: Yes

Summary

Facilities Information:

Strategic location near the airport and spacious warehouse and office space. Perfectly organized and maintained. All inventory is stored in a secured 4500 sq. ft. warehouse equipped with forklift and racks. There are also two vans for deliveries.

Terms and Conditions?:

This Sale is strictly confidential.
NDA, biography, call with broker and proof of funds will be required before releasing any confidential information.

Reason For Sale:

Sellers needs to focus on other family projects.

Training & Support:

Seller will stay on-board to train and assist the new owner after closing for a smooth transition. Experienced team of sales reps and warehouse employee are willing to stay.

Owner Qualifications:

Management skills

Competition:

The business is unique in the Miami area and as the economy recovers from the coronavirus pandemic over the five years, downstream consumers are expected to purchase more industry products as consumer spending increases. Rising demand will boost sales of industry products.

Potential Growth:

With its solid base, repeated customers and excellent reputation, this business is easy to grow with digital marketing: Opening new markets for export and offer additional products, hire more sales reps to expand the distribution of products in Florida and the US. Complete with a streamlined traditional and online ordering/product system, this means sustainable profits for new owners. The company website is available in English and Spanish!

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER
There is no associated broker for this Listing.