Manufacturer and Supplier for Logistics

Price: $435,000

Location: Washoe County, NV

Industry: Other Manufacturing

Listing ID: 1922253

Listing Status: Sold

Description

This business manufactures and recycles goods for distribution facilities in Western Nevada. The demand for these goods is significant and necessary for logistics. Outstanding profitability and opportunity for growth for a motivated owner. Current owner wishes to slow down and try another career. Weathering some challenging recent years, owner staged a great turnaround in 2020 during Covid-19's increased logistics demand and changing consumer behaviors. On-time delivery ethic and low overhead structure ensured sales growth in 2020 and 2021! Revenue outlook for 2021 is even better, given excellent year-to-date sales. Owner does no active marketing or advertising, and business has zero digital online sales presence. Growth opportunties abound for new ownership. Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students?and is just a half hour from beautiful Lake Tahoe. From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it?s no wonder that Nevada ranks #7 Most Business-Friendly Tax Climate.

LISTING DETAILS

Total Sales: $678,002

Cash Flow: $176,001

FFE: $330,000

Inventory: $20,000

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