INTERNET DISTRIBUTOR CONTRACT
Internet Distributor Contract (continued)
Number of Employees: 1 Part-Time
Finance: Owner will entertain reasonable offers
Reason for Selling: The Seller wants to focus on his other businesses
The following are just a few things that are necessary that the owner plans to train you own:
1. GSA E-buy Bidding (Training)
2. GSA straight purchase orders with government credit card (poportal@gsa.gov)
3. SIP (GSA Schedule Input Program) - loading up products for GSA Advantage (Training)
4. GSA Expo (Held annually to promote products and build relationships with buyers)
5. IFF (Industrial Funding Fee) - reporting quarterly sales of GSA Schedule Contract
6. GSA Market Tips (Free advertising space for Contract Holders) - 100K copies circulated quarterly to ALL government buyers
7. How to maximize the GSA Schedule Contract (i.e., viewing previously won bids and seeing who the procurement officer was and perhaps doing a mailing to their office with a product catalog)
8. Selling/buying point - only 32 items on current contract and done on a part-time basis. How adding 1000 items and working full-time can take the Contract to a substantial level.
The owner has only 32 items and has cash flowed 49,000 in 2010. To think that he has so little items and is working only about 5 to 6 hours a week on this contract is amazing, a full time and more items for sale would change the dynamics of the cash flow significantly.
The asking price is $110,000. This sale does not include cash & cash equivalents; trade accounts receivable and non-operating assets. All existing liabilities, at closing, shall be satisfied by Seller.
Copyright 2010: J.P. Mays Business Brokers | Kansas City Business Brokers. All Rights Reserved.