Rapidly growing international distributors of Education Products & Lab Supplies for sale. This family-owned business was formed fifty-five years ago and serves its long-standing book of over one hundred wholesale clients in the education & lab supply market with 2000 products.
Revenue in 2024 grew by $500,000 to $2.200,000 with gross margins at 50%. Tremendous opportunity to further grow this business if the new owner installs a proactive marketing effort to capture additional clients. Recent growth has come from its current book of business. This business does not employ a sales representative and therefore currently relies on repeat business orders to come from their current book of clients.
Included in the $2,500,000 asking price is $600,000 in inventory and $700,000 in real estate assets.
The seller is retiring but willing to provide a lengthy transition period. The seller would also be open to staying on to help operate the business on a part-time basis for the right compensation package.
Inventory: $600,000(Included in Price)
Real Estate: $700,000(Included in Price)
Reason For Sale: Retirement