This company has been providing quality products for its customer base for over 30 years. The company is a manufacturer and wholesale supplier of specialty products used in the home building industry and serves large distributors and dealers of these products. The company has been able to maintain its stability even through the tough times everyone has been forced to endure during the Corona Virus pandemic. The strong foundation has this business primed for growth under the guidance of a new owner/operator.
- Asking Price:
- $1,200,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,096,556 (USD)
- Cash Flow:
- $284,619 (USD)
- Real Estate:
- Premises Details:
The company operates from a standalone facility in a mostly industrial area that has excellent access for tractor trailers and is very conveniently located close to major travel routes.
The facility was built specifically for the business. Though the facility is not quite at full capacity, there is room on the property for expansion and the building was originally constructed with future expansion in mind. The layout lends itself to efficiency in the process and is equipped with loading docks capable of accommodating any size truck for unloading and loading of product.
The property and building are owned by the seller and can be purchased for an additional price.
- Expansion Potential:
There are numerous opportunities for growth that the seller is willing to discuss with new ownership. At the top of list are sales and marketing efforts and technology. These are key areas where the seller feels that immediate top line results can be achieved with minimal time and dollars spent.
- Competition / Market:
One of the overwhelming strengths of this business is the very limited competition. There are many barriers to entry to this business and only a few competitors of any size. This business differentiates itself from its competitors by providing timely, first-class service and being willing to go the extra mile for special requests.
- Reasons for selling:
The current owner has operated the business since it was founded in 1986. He is ready to retire and move on to the next phase of life. He looks forward to passing the business on to ownership that has fresh energy and ideas that will continue to serve the customers with pride and integrity and grow the business to new heights.
- Trading hours:
- 22 FT
- Years established:
- 35 Years
- Support & training:
Will train for 4 weeks @ $0 cost.
Specialty products used in the home building industry.
- Furniture / Fixtures value:
- $226,110 (USD) - included in the asking price
- Inventory / Stock value:
- $219,714 (USD) - included in the asking price