Well established distributor
Location: North Carolina > Mecklenburg County > charlotte metro
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Asking Price: $2,030,000
Gross Revenue: $5,400,000
Gross Revenue Comments: steady growth
Cash Flow: $373,000
Cash Flow Comments: SDI
Inventory: $509,000 (Included in Asking Price)
FF&E: $534,000 (Included in Asking Price)
Real Estate: $830,000 (Included in Asking Price)
Seller Financing: Prearranged SBA financing is available to qualified buyer
Business Summary
50 year old disributor of building materials to commercial and home building contractors.Excellent profits.Good management and sales staff in place.Retiring owner will provide complete training and support after the sale.
About the Business
Year Established: 1952
Employees: 22 full time -
Facilities: attractive,freestanding metal building with brick front and sides of approx. 6000 square feet located on approx.4.1 acres in desirable location
Market Outlook and Competition: sales to home builders expected to be very competitive but slowdown in home sales in Charlotte will not slow down as much as other areas o fthe country due to Charlotte's strong job market.
About the Sale
Management Training and Support: as required by buyer
Reason For Selling: retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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