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Business For Sale
DISTRIBUTOR OF BRICK & MASONRY PRODUCTS
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Asking Price: |
$2,030,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Durable Goods
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Reason for Selling:
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Retirement. |
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Year Established:
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1957 |
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# of Employees:
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22 |
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Yearly Revenues:
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$5,400,000 |
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Yearly Cash Flow:
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$374,000 |
Business for Sale Overview:
25 year plus distributor of brick and masonry products located in metropolitan Charlotte, NC. Customers are mostly commercial and home builder contractors. Experienced staff and sales group in place. They have approx. 800 customers in data base of which 140 are active.One competitor recently closed and owne expects to add 2 salespersons to staff.Experienced generalmanager will stay.
Property Features and Assets:
Facilities consists of 6,000 Sq. Ft. metal building with brick front and sides located on approx. 4.1 acres in small town which is attractive for raising a family.Recent tax assesed value of property and building is $830,000.00.
Market Competition and Expansion:
Company has been in business for such a long time and has such a great reputation, they are strong competition in their market area.Sales price of $2,030,000. includes $509,000.00 of inventory,$534,000.00 of equipment,trucks,forklifts,and $830,000.00 of real estate and improvements.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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