Distributor of Specialized Building Supplies with $250K+ SDE

Description
Since 1998 this Company has been distributing specialized residential building supplies throughout the State of Georgia. The Company also offers clients an installation option, as they will install the products that they sell. The client mix is 44% new construction, 28% homeowners / DIY, and 28% contractors / remodelers. There are currently 500+ active clients in the database, with 40% of the business being repeat. The Company operates from a leased 6,000 sq. ft. facility, strategically located in North Metro Atlanta. The monthly rent is $4,600.00, and the current lease expires on April 30th, 2024. The landlord is willing to negotiate a new lease with the Buyer. There is a 500 sq. ft. showroom, a 4,500 sq. ft. warehouse, and a 1,000 sq. ft. office. There is a staff of 9 highly trained and professional employees. The Company has 30+ vendors with 3 primary vendors. The purchase price includes $218,000.00 in inventory at cost.
Financial information
- $1,150,000.00 Asking Price
- $267,514.00 Cash Flow
- $3,229,074.00 Gross Revenue
- $84,000.00 FF & E
- $218,000.00 Inventory
- SBA Financing
Reason for sale
Facilities
Detailed information
Home Based:
NoFranchise:
NoDistressed:
NoRelocatable:
NoYear Established:
1998Year Acquired:
N/AWilling To Train:
Seller is willing to train new owner for a smooth transition.Real State Available:
NoIs Property Leased:
YesReal Estate Included:
NoIs Management Staying:
NoDays Open:
5Hours Open:
8:30 am - 4:30 pmFull Time Employees:
9Part Time Employees:
N/ABuilding Size:
6,000 sq. ft.Listing Id:
SA1683
Contact Us
Business location
North Metro Atlanta
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info@sunbeltatlanta.com
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