Distributor of Specialized Building Supplies with $250K+ SDE

FINANCIAL INFORMATION
  • Asking Price: $1,150,000.00
  • EBITDA:
  • Gross Revenue: $3,229,074.00
  • Cash Flow: $267,514.00
  • FF & E: $84,000.00
  • Inventory: $218,000.00
  • Financing: SBA
BUSINESS LOCATION

North Metro Atlanta

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.

REASON FOR SALE

The owner wishes to retire.

FACILITIES

The business operates from a 6,000 sq. ft facility with monthly rent of $4,600.00. The current lease expires on 4/30/2024. The landlord is willing to negotiate a new lease.

Details

  • Home Based: No
  • Franchise: No
  • Distressed: No
  • Relocatable: No
  • Year Established: 1998
  • Year Acquired: N/A
  • Willing To Train: Seller is willing to train new owner for a smooth transition.
  • Real State Available: No
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Is Management Staying: No
  • Days Open: 5
  • Hours Open: 8:30 am - 4:30 pm
  • Full Time Employees: 9
  • Part Time Employees: N/A
  • Building Size: 6,000 sq. ft.
  • Listing Id: SA1683

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