2021 Revenues up 12% through April. Operates in Florida and Georgia with a primary trade area of 27 counties and a population of about 800,000 people. Internet marketing was started in 2018 and is a growing business segment. In the last 4-years the business has grown an average of 13% per year and 2019 was 18.5% over 2018. Gross margin has been increasing in 2018 and 2019 and is up 2.31% over 2018, which is resulting in increased discretionary cash flow with potential for future growth. Through July 2020 the business was tracking 8.3% above 2019, but 1st quarter is historically strong shipping agricultural orders from 4th Qtr of the prior year. The COVID-19 impacts are yet to be included in YTD revenue and updates will be posted monthly going forward.
Seller prefers all cash but may consider seller financing for a well qualified buyer with collateral.
30 days. President would be interested in negotiating an employment agreement with new owner.
Operates warehousing in HQ city and on east side of trade area.
Well established, profitable, and growing.
Business and financial management, leadership of relatively small team.
None of comparable size. Internet.
Sales have grown at 13% per year each of the last 5 years and 2019 it 18.5% over 2018. Through April 2021 revenues are up 12% over 2020.
Seller prefers all cash but may consider seller financing for a well qualified buyer with collateral. Seller might consider selling inventory outside of bank financing.