Profitable distributor of receipt paper and related consumables, with nationwide sales. Customer industries include resellers, retail, hospitality, financial, manufacturing, packaging, and municipalities. 90% repeat customers. Competitive advantages - well-established, leader in the industry, name recognition, vendor relationships, central location, national distribution network, lower distribution costs, buying power, and variety of complimentary products. Owner willing to stay on up to twelve months, then continue in a part-time sales role on the East Coast. Minority owner willing to stay on indefinitely.
Inventory: $500,000 of inventory Included in asking price.
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Reason for Selling: Seller is relocating to East coast to be closer to family
Business was founded in 2001. Original owner sold POS equipment to small businesses, then decided to launch a business selling receipt paper to his customers. The current owner joined the business in 2009 when the business was $1. 4M in sales. Business grew to $5.5M within five years and current owner purchased majority shares (65%) in 2015 when original owner retired. Business has more than doubled since that time.
Develop direct relationships with online customers. Target other markets that use products this business is strong in. Expand items sold to current customers. Develop more strategic partnerships with manufacturers and other distributors. Evolve by providing new products for new printer technologies. Acquire smaller receipt distributors. Opportunities are endless.