This distributor of building materials has been supplying the New York Metropolitan area for over 30 years. The primary products supplied include lumber, sheet rock, and plywood. The owner is making available his business, inventory, equipment and and accounts which include some of the most prestigious name in many industries, especially healthcare and schools. Buyer would have access to accounts and benefit from years of solid relationships and goodwill. The owner is available for smooth transition. Most larger companies will realize significantly higher profit margins due to their respective volume discounts. In addition, there is an opportunity to provide additional products to the well-known and growing organizations serviced by this supplier. You will add an immediate $1 Million+ to your gross volume and $375,000+ to your Gross Profit.
Gross volume $1M+
Gross profit 37%- 42% over the past 3 years
Gross Income: $1,035,000
Cash Flow: $300,000
Fixtures, Furniture & Equipment: $250,000
Business Type: Distribution/Wholesale
Inventory:Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Growth & Expansion:Terrific potential growth in the NY and surrounding marketplace
Support & Training:Yes. Will stay on to transition accounts.
Reason for Selling:Retirement