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GSA Contract Office Furniture & Supplies Distributor

Kansas City, Missouri (Jackson County)

Wholesale/Dist. - Durable Goods | Retail - Home Furniture & Furnishings

Asking Price $1,200,000 Inventory  
Gross Income $3,000,000 Real Estate  
Cash Flow $370,000 Year Established 12
FF&E N/A Employees 2

* included in the asking price

** not included in the asking price

This business was established by the current owner in 1995. The business specializes in sales of office supplies and office furniture, via the internet, to government agencies. The company sells office supplies (sticky notes, pens, disk, laser toner cartridges, tape, copy paper and etc.). The company also sells office furniture (chairs, desks, computer work stations, conference room tables, phones, laptops, copy machines and much, much more). The company has GSA Advantage contract status, which means the company is an approved vendor for the government. This status allows various agencies and departments of government to purchase product from you at will. The products sold are name brand products like Hon, Post-it, Wilson Jones, Acco, 3M, Hewlett Packard, Sharpie, Scotch, Mead, Rolodex, Procter & Gamble and the list goes on. The owner had 10,000 items, when he increased to 20,000 items his sales doubled. The company now offers 40,000 items for sale. The company also has the necessary vendor agreements in place. The owner says that these agreements, both the GSA contract and the vendor agreements, are not easily secured and will be an asset to a new owner. The following list of the top five customers, for 2007 year-to-date, shows the balance customer base that the company enjoys: Customer (A) 4.80% Customer (B) 3.81% Customer (C) 3.78% Customer (D) 3.04% Customer (E) 2.80% The business is run with two employees (the owner and his administrative assistant). They work from 8:00 a.m. to 5:00 p.m. Monday through Friday. The business is housed in a +/- 3,000 square foot space. The company has more than enough room for more growth (it does not carry inventory - inventory is drop-shipped from the manfuacturer to the customer). The company has grown about a million dollars every year for the last three years.

Facilities: See description

Financing: Make an Offer

Support/Training: Owner is willing to train.

Reason Selling: See description

AD # 368874

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