Global Business Brokerage Inc. where you will experience a "World of Difference"
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Global Business Brokerage Inc. where you will experience a "World of Difference"
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Industry: Pharmaceutical & Biological ProductsSegment: Importers & Distributors of Veterinary Pharmaceutical & Biological ProductsGeography: Trinidad, West IndiesEstablished: 1992 (Same Owner) - Absentee ownership. Owner resides in the Tampa Bay Area, FloridaReason for Sale: Owner is willing to sell this profitable business, because he is diversifying and is purchasing a hotel. Are you currently in the pharmaceutical or veterinary businesses or would like to invest in this growing market? Have you ever dreamed of owning a profitable company on a beautiful West Indies Island? And the best part... you don't even have to live there.. can all be run absentee. This is a unique opportunity for the investor that understands the international market. This is a tremendous opportunity for the expansion of related pharmaceutical products throughout the Caribbean/West Indies market (CARICOM). This is a once in a lifetime opportunity. This company currently imports and distributes veterinary pharmaceutical & biological products, poultry products and equipment, small and large animal products, equine performance products and pet supplies. This very successful and entrepreneurial owner has established a distribution network which currently supplies product to over 125 established customers/clients and approximately 20 veterinarian clinics throughout the West Indies and the Caribbean, as well as South America. In fact, they have the exclusive distribution rights to supply these products within CARICOM. They are the largest supplier in the market and known throughout the islands; Trinidad, Tabago, Barbados, Jamiaca, St. Lucia, St. Croix, St. Vincent, Granada, in fact all the Caribbean islands. They are the largest supplier in the market. The market: Chicken is the food staple of the Islands and islanders consume over two million chickens per week! This business is the largest supplier of pharmaceuticals and biological products for this industry in the market and is well known within the agricultural and veterinary circles. There are currently 12 product suppliers located in 7 countries. All products sold by this Company have exclusive distribution agreements within the Caribbean common market. These agreements are transferable to the new owner. They have been in place for several years with excellent business relationships established. New products are continuously added as the pharmaceutical industry brings new products to market. Market Segments include:
Pharmaceutical & Biological Products Sold: Products include, but are not limited to: (The broker has on file a complete listing of products supplied through this distributor, approximately 15 pages of product categories.) A representative sample would be: Red Udder Ointment, Neorease Suspension, Animax Ointment, Atropine sulfate, Dexamethason Inj, Dextrose 50%, Lidocaine inj. 2%, Vitamin B-12 inj., Phenylbutazone Tabs, Super Nitro, Procaine Penicillin G, Iron Dextran inj., After Calf Bolus, Dextrose 5%, Sodium Chloride 0.9%, Dextrose and 0.9% Sodium Chloride, Lactated Ringers, Injectable Distilled Water, Infusion Set, Infusion Set (brau), Examination gloves, Rectal Thermometer Kit, Oral Therometer, Needles, Syringes (various sizes), DVL Poultry Supplement - various kinds, Sodium Sulfamethazine Soultion, Vitamin ADE Liquid Premix, Bloat-Eze, Nitro Ointment, Dexamethasone Powder, Race-Vite, BCAA (Brached Chain Amino Acid Formulation), Germicidal Treat Dip, Scour Suspension, DVL Canine Supplements (various kinds), Equi-Health Dical, Stanazol, Galaxy, Galaxy Pv, Eclipse 3, Butal Fenil, Pangamine 250 Vit B-15, Equi-Gan, Catgut (various kinds), Spercal, Wound Powder, Aniercil, Anti-Stamin, Testosterone 200, Antoplex, Antoplex Gallos, SuperVitamin B12 5500, Urolix, Supramid (various), Suture Needles (various), Pink Eye Guard, Kefamast LC, Kefamast DC, Embotape, Worminex 2500, Worminex 300, Levamisole 1.5% Oral, Kepromee Oral, Creatine, Super Hoof Dressing, Kepro Violet Spray, Kepro Iron 100 Inj, Levasol 10% Inj, Brewers Yeast, Oxytet 10% Inj, Kepro Oxy 20% L.A. Inj., Kepro Penstrep 20/25 Inj., Kepro T.M.P.S. Inj., Kepro Gentaject 10%, Kepro Iron Inj 20% + B12, Kepro Vit - B Complex Inj., Kepro Vitaflash Inj., Kepromec Inj. Aceprom Inj., Vit E100+ Sel Inj., Immidocarb 120 Inj., Kepro Vita AD3E w/s, Kepro Super Booster, Kepro Amprol 250 w/s, Kepro Piper w/s, Kepro Amoxy 150 w/s, Kepro Chlor 200 w/s, Kepro Chlor 200 w/s, Kepro Oxy 200 w/s, Kepro Tylo 400 w/s, Kepro Vita K 250 w/s, Kepro vitaflash Amino w/s, Kepro Vitaflash Amino w/s, Ery 150 wsp, E.S.T. Mix wsp, Neo 200 wsp, L.S. Inj., Kepro Neo Oxy-Egg Formula ws, Canine heartworm Antigen Test Kit, Ketamine Hydrochloride Inj, Ketaplex, Stop-Pick Liquid, Iodine Spray, Ropadiar Powder, Ropadiar Liquid 10%, V.A.M. Inj., L-Carnitine Inj., Drive inj., Testosterone Suspension 100 Inj., Deca 50, Spectriol, Udder Budder, Wart Ade, Vitamin K1 Inj., Parts for Automatic Drinks and Feeding Trays (too numerous to mention here), Cord Slides with S-Hool, Ballast Hanger, Plastic Misting Nozzle, Poultry Crate, Gent-L-Clens, Pip A Tabs, Apex Ear Drops, Butalone Tablets, Parid V, Parid X, Promex 10 tablets and 25 tablets, Quench Lyte, Zev (Buckley's) Cough Remedy, Shin-Band (Buckley's), Matabicheras (Screwworm), Omega 10, Omega 25, Dox Max, Sarna Sana, K-Ton 12, Equicell-R Liquid, Immiticide, Imizol, Framixin H, Flusapex Diuretic Inj,, Stillboestrol Tablets, Bio Spot (Small, Medium and Large Dogs), Cephalexin 600, Astringent Powder, Alban Suspension 10%, Amitraz 12.5% (Ectoban), Cypervet 20%, Cod Liver Oil, Disinfectant, Stable Flake Food, Growth Flake Food, Color Flake Food, Yeast Calcium, Energy (beef), Seaweed, Garlic, Premium Dog MultiVitamins, Salad Drops, Yoghurt Drops, Wild Berry Drops, Honey Drops, Relax (easy travel tabs for dogs & cats), Pro Vitamins, Choco Drops, Tetanus Toxoid, Tetanus Antitoxin Some of the biggest sellers are: Apex Ear Drops Aminolean, Lefamast LC/DC Poultry supplement/Canine supplement Sanal products, Kenflox, Penstrip Disinfectant Alban, Cypervet Vaccines, Immiticide, Nylon/Catgutzx Automatic Waterers/Feeders Stanazol Dical, Brewers Yeast EXCLUSIVE DISTRIBUTION RIGHTS - KEY COMPONENT What makes this business so desirable, is the exclusive distribution rights and the established distribution network that already exists. This network could be expanded with other products. Therefore. a significant part of the value of this business lies in the existing distribution network and in the expansion and growth potential of this network throughout the Caribbean, and the entire Southern Hemisphere. Customer Ordering Process The genius of this business is that all orders are prepaid prior to customers processing and shipping. All orders are placed via e-mail, fax or by telephone. There are NO ACCOUNTS RECEIVABLE OR BAD DEBTS EVER!!!!! Absentee Ownership A key component in this unique business and one of it's most attractive features, is the fact that the business can be completely run from virtually anywhere in the world. That's a huge statement! Simplification is the answer. The current owner has a Managing Director (see information below), who is totally responsible for the day to day running of the business in Trinidad, including the supervision of the employees (see information below). The Managing Director notifies the owner of inventory levels, consistent with demand of various products. The owner, via phone, e-mail and fax, places the orders for the products with the companies of these established, exclusive distribution agreements, which are located in 7 countries throughout the world. The product is shipped directly to Trinidad and flows seamlessly through the import and export of the Managing Director's control into the inventory warehouse. Based on the shelf life of the products, there is less than a 2% spoilage per year. Inventories are managed by the Trinidad staff with reports sent to the owner weekly. It's literally THAT SIMPLE! Trinidad Office/Warehouse This secure and stand alone building of approximately 5,000 Sq. Ft., is entirely climate controlled and has sufficient office and warehouse space for this entire operation. The warehouse is leased and rent is $635.00 per month (annual lease agreement). The Island of Trinidad and Tabago: Officially the Republic of Trinidad and Tabago, republic (1994 est. pop. 1,328,000), West Indies, North of Venezuela, comprising the islands of Trinidad, which is 1,864 square miles/4,828 sq. km and Tobago (116 Sq. Mi/300 sq km). The capital is PORT OF SPAIN (on Trinidad). Trinidad is predominantly flat, with low mountains in the North. Tobago is mountainous and forested. The climate of both islands is warm and humid. More industrialized than most West Indian nations, the country exports chemicals, petroleum products, bananas, cocoa, and sugar and has natural gas resources under development and derives a great deal of income from tourism as well. English is the official language and a French patois' are spoken. Log onto http://www.amchamtt.com/ for the American Chamber of Commerce of Trinidad and Tobago for pictures, information on the government and additional links to find out more about these islands. This English speaking Island has a very good economy and the most highly developed political system in the Islands. Therefore, the economy is very stable. The island is rich in Oil/Methanol and is the largest producer of asphalt in the world. Six miles from Venezuela, it has seen continued economic and stable growth and in fact is the hub for the Caribbean. Trinidad Office and Warehouse Staff: The Broker has on record a complete job description and responsibility description, including salaries, etc. for each of the employees of this business. Several of the employees have a long-term relationship with the company and the Managing Director has had total responsibility for the operation for the past 7 years. His educational background is accounting and finance. He is well established and does not want to leave, nor do the other employees. The current owner compensates the employees of this business at the highest levels paid in that market, with the use of company vehicles and other perks. The employees are happy, thankful for their positions, hardworking and would not think of leaving. The current staff, a total of 8 employees include:
BUSINESS VALUE AND PRICE: This Company is for the serious investor, who understands that the value lies in the already well established distribution channel and exclusive rights to key customers and veterinary clinics throughout Trinidad, Tobago, the Caribbean, South America and can be expanded to other parts of the Southern Hemisphere. Already the top importer and distributor of veterinary pharmaceutical and biological products within CARICOM, the expansion possibilities and capabilities of this type of business are unlimited. All this, coupled with the fact that this business can be run from virtually anywhere in the world, makes this business a unique and rare business find in the international market. The location of this Business in beautiful Trinidad, makes it highly desirable for the entrepreneur or absentee owner who wants to "write-off" travel and make an excellent return on your investment. PRICE: $3,500,000 (USD) INVENTORY: $ 180,000 +/- YEARLY OWNER BENEFIT: $ 265,000 NON-COMPETE: 5 Years, CARICOM Market TRAINING: Owner will provide 6 months training/orientation in addition to a coordinated program regarding the day-to-day operation in Trinidad and introduction and orientation to both the suppliers and customer base. This includes the transfer of all exclusive Sales Agreements to the new owner. BUYER/CLIENT EVALUATION PROCESS: The business owner has established the below described process for buyer/clients who have a serious interest in the consideration of the purchase of this business: 1. Sign NDA (Non-Disclosure Agreement) with Broker. 2. Provide financial statement and personal business history for seller's review. 3. Initial telephone conversation with Broker and Seller or meeting in Tampa, Florida. 4. Buyer/Client to provide LOI (Letter of Intent to Purchase), pending reviews of Seller's financial records and followed by Buyer's Due Diligence. SELLER'S FINANCIAL RECORDS FOR REVIEW 1. Government of the Republic of Trinidad and Tobago Board of Island Revenue Income Tax Returns 2. Seller's Personal Financial Records and Bank Statements. Disclosure: Global Business Brokerage, Inc. has on file the signature and the Sole and Exclusive Right to Sell Listing Agreement, Equipment List, Lease and Cash Flow Analysis. Information provided herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. |
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