$350,000

123 Not Specified

Myrtle Beach SC, 29579

Description

This confidential listing is a wholesale company specializing in the import of coastal wares to stores throughout the U.S. With 18 years+ in the wholesale industry, the client base is extensive and includes multiple 6-figure accounts. This business requires international travel. The central location, low overhead costs and company's excellent reputation all contribute to the companys success. Gross annual sales average one million dollars. Even amidst the difficulties of 2020 the company pro-forma shows sales remaining close to the one million dollar mark. The annual owner benefit is 6-figures. The potential for growth will appeal to a business-minded individual or group of entrepreneurs. The lease space currently occupied is approximately 15,000 sq. ft. and ideally located on the coast of South Carolina. This location gives a competitive advantage with most clients within a 350 mile radius. It offers lobby space, a showroom, private office space, front of house storage, a printing station, warehouse storage, a receiving station and a loading dock. The new owner has the option of continuing to lease this space or relocating. Staff includes part-time and full-time individuals as well as out-of-state sales representatives. The name, goodwill, FF&E and all client accounts convey with the purchase of this business. Inventory will be available for purchase separately. The inventory on-hand varies depending on the season. The current owner will offer extensive training and long-term assistance for a smooth transition. The current owner will also offer financial assistance to a qualified buyer. A signed NDA is required before additional information is provided.

Details

MLS#2021035
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
Status1_0
Days On Site19

Features

SQ Feet15,000
Story(s)1
Units1
ZoningHC

Market Activity 29579

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Area Information
StateSC
CountyHorry
CityMyrtle Beach
Zip Code29579
Area16G Myrtle Beach Area--Southern
Listing VS Median (in 29579)
Price:
$350,000
low | high
Med:
$251,525
78.135714285714% of Average
SqFt:
15,000
low | high
Med:
0
100% of Average
$ / SqFt:
$23
low | high
Med:
$0
100% of Average
On Site:
19
low | high
Med:
23.5
80.851063829787% of Average
Listing Updated: 10/20/2020
Paige Kennedy LogoMLS Number: 2021035
Listing Provided By:
Paige Kennedy  of  Carolina Real Estate Services