Commercial Warehousing Business

Great Opportunity! Consistent Record of Good Financials!

Location: Central Alabama

Financial Information
Asking: $480,000
Gross: $883,000
Cash Flow: $212,500
Furniture, Fixtures & Equipment: $300,000 (included in price)
Inventory: n/a
Real Estate: $1,400,000 (NOT included in price)

Summary Description
This is a commercial warehousing business with a consistent record of good financials. The business warehouses/manages the in and out of large tons of commercial products for its customers. It consists of two different warehouses (one on property and one off property) that stay pretty much full most of the  time i.e. usually once a product goes out, another product comes in. Business hours are 7:30-4:30 Monday through Friday.

On the property, there is a rail system used to service its largest local customer by loading the product, sending to the warehouse for storage, and then shipping out the commercial product once it’s sold.

Owner is willing to either sell just the business and lease back the property, or sell the property for an additional $1,400,000 (Property is being sold/leased through SouthPace Properties, working with Brown Business Brokers.)

This business is unique and has had a superlative record! Great opportunity for new owner! Don’t miss out!

General Information
Facilities: The business is operated out of a 70,000 square foot building on a 7+ acre lot owned by business owner. There are 5 lifting docks, one of which is grade level. The construction of the building is steel frame/metal and the office space consists of 1500 square feet. There is an active rail system on site to service one of its largest customers. An additional location in the area with another 70,000 square foot building is being leased and used by this business.

Competition: This business is located in a prime location for its customers. There is very limited competition in the area based on what this commercial warehousing business provides.

Growth and Expansion: There are plenty of growth and expansion opportunities from advertising campaigns and website development to even adding an additional warehouse of 35,000 to 40,000 square feet on the property

Support/Training: Willing to do what it takes to make sure there is continuity with the sale of the business.

Reason Selling: Retirement

Year Established: 1997

Employees: 10