Plumbing Supply- with a nice Cash-Flow, Growing and Recession Proof
Location: New York > New York County > Manhattan
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $374,999
Gross Revenue: $742,600
Cash Flow: $152,750
Inventory: $122,520 (Included in Asking Price)
FF&E: $28,650 (Included in Asking Price)
Business Summary
Profitable and growing Plumbing Supply company located at high traffic corner Manhattan store. Loyal local customer base consisting of plumbers, home improvement contractors, and builders along with numerous walk-in customers due to intersection location bode well for new owner. Long-term, affordable (inexpensive) lease at present location. Asking price includes $150,000 in inventory, FF&E as well as working capital. Tremendous upside in well-priced, stable business.
About the Business
Year Established: 2006
Employees: 3 full time - 1 part time
Facilities: 1200 sq/ft store with 1200 sq/ft storage area located at an intersection in Manhattan. (Facilities under long-term lease.)
Market Outlook and Competition: Loyal plumber, contractor, and builder client base coupled with heavy foot-traffic at busy Manhattan location make the outlook for this store bright. Retail plumbing supplies are necessities and not luxuries. Therefore, the store and its business are relatively insulated from external economic conditions.
About the Sale
Management Training and Support: Owner is willing to train and support purchaser in the operation and management of company during the transition.
Reason For Selling: Owner is divesting himself of retail store to concentrate on his wholesale business.
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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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