Corporate
Headquarters


Murphy Business &
Financial Corporation

513 N. Belcher Road
Clearwater, FL 33765
888-561-3243
Fax: 727-725-8090
Email us

Buy a business

Listing Details - Business Fixtures and Supplies


Listing#: 4698      SIC:       Business Type: Distribution, Dist-Office Equipment
 
Default Image
Status Inactive
Listed Price $4,100,000
Down Payment $820,000
Owners Cash Flow $363,931
Total Sales $1,480,527
 
   
   
 
  Contact Information
   
  Office: 727-725-7090
  Email: Send Email To Agent
   
   
   
   
Business Description
Store Fixtures Business for Sale in Arizona! Business to Business with 15,800 sqft new building of showroom & retail. . Business valued at $1,000,000 and Real Property valued at $3,100,000. Purchase price includes business and real property & builiding. (See Listing No. MBFS 630705451 for business only with lease.) Products include business fixtures, equipment and supplies with full line of fixtures & business supplies in catalog. Pristine business with long-term ownership and stellar books -- ready for new owner. The business has had steady growth, and the owners have traditionally focused on business to business sales. Tucson hosts the world-wide known Gem Show, attracting visitors from around the world. With great wisdom, the owners dialed into this market, providing display cases and special fiber-optic cases just for gems. This has brought a nice increase in sales, as shown by the financial history. In 2009, they tapped into the “home” market with storage solutions to consumers. Already in their product line are slat walls and storage to the business vertical, meeting the needs of home storage, closet and garage organization. Trade shows were stepped up to include a Baby Fair, Home Shows, with the results of increased sales. As businesses struggled in 2008-2009, the company responded to lowering expenses and staffing appropriately, downsizing from 11 employees to 6. This resulted in a higher net profit than any year in history, keeping sales and net income on track.
 
Assets/Liabilities
Accounts Receivable $13,028 Incl. Yes Real Estate $3,100,000 Incl. Yes
Inventory $250,000 Incl. Yes Liabilities Incl.
FF&E $32,133 Incl. Yes Other: Incl.
Leasehold $123,383 Incl. Yes Total Assets $3,518,544
   
Lender Prequalified: Yes  
   
Financing/Terms Amount Mos Rate Mo. Pmt.
Loan/Assumable
Loan/Seller
Other $3,280,000 300 7 $23,182
 

There is virtually no competition in this industry in the Tucson area. Competitors may include the big box stores, such as Lowe’s and Home Depot.

More focus could be put towards distribution, which is the foundation of the business. This could be done by buying more containers. Currently, containers are purchased from a competitor in Phoenix that sells them at cost. (This competitor’s business is mainly containers.) Owners are currently establishing a point of sale system and will target internet sales that should significantly boost sales.