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Logging Industry Supplier & Retail Operation For Sale

New York
Asking Price:
$1,045,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,932,000 (USD)
Cash Flow:
$230,000 (USD)

Located in Upstate New York, Comstock Logging is a retailer providing logging industry tools, supplies, accessories and service. The primary products include saw chains, tire chains, chainsaws, basic logging supplies, lawn mowers, aftermarket parts, commercial tires and small engine repairs. This retailer has semi-exclusive arrangements with key wholesalers in the industry. It is a low cost provider of Oregon Blount, International products. The company operates from a 5000 square foot facility which includes a storefront, a warehouse with loading dock, office space and customer parking. Currently, 90% of the company’s revenue is derived from the sale of its products to logging and forestry companies and 10% is generated from the sales to homeowners, commercial property managers and local townships. Revenue is generated from 75% phone sales, 5% walk-ins and 25% internet. Internet based sales continue to increase. Distributorships include Simons, Chain Select for Trygg chains, Pewag, Irving Oil, and others.
Consistent revenue growth - includes $125K of equipment - Includes $400K of inventory - 4 FT/1 PT non-union employees - $200K property available for lease/purchase - $74 billion Industrial Supply Industry - $12 billion Logging Industry - Company trucks deliver 25%/75% shipped - Growing internet based sales - Strong management team - Owners will remain for transition as long as needed.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

7:00-5:00pm, Saturday 9-1

Employees:
3
Years established:
1984

Other Information

Support & training:

The owner is available for a transition up to one year. The other three will most likely stay on after the sale.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$125,000 (USD) - included in the asking price
Inventory / Stock value:
$400,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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