Business For Sale

Commercial & Industrial Plumbing Supply Company

Not Disclosed, NC


Asking Price: Annual Revenue:
Not Disclosed $2,818,311

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Commercial & Industrial Plumbing Supply Company Broker: Ron Buck

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $2,818,311
Net Profit: Not Disclosed
Cash Flow: $425,254
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: $550,000
Year Established: 1983
Employees: 6
BBN Listing #: 42734955
Broker Reference #: 1308-14433

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Business Overview:

Excellent opportunity to purchase a well-established, turnkey commercial and industrial plumbing supply company in central North Carolina. Company has served area school systems, government entities, universities, hospitals and local residential and commercial plumbing contractors for decades. Known for their knowledge and customer service, new owner will purchase an in-place, experienced team and loyal customer base. Owner's role is the financial and executive manager, as there is a general manager in place. Purchase price includes $950,000 worth of inventory.

Seller Discretionary Earnings includes a $55,000 rent charge. If the Buyer also purchases the facility, the adjusted cash flow would be higher by that amount.

Lender financing up to 80%. Seller financing is available for up to 10% based on the terms and structure of the transaction and the buyer's financial strength.

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Property Features and Assets:

Well-suited and easily accessible facility is available for purchase for $550,000 or for a NNN Lease for $55,000/year. The Real Estate comprises a ~2 acre parcel and an approximately 12,400 square feet building (warehouse approximately 10,000 square feet and office space approximately 2,400 square feet). Purchase price includes $950,000 of highly sought after inventory, all warehouse racking and storage necessary to effectively and efficiently serve customers and 3 vehicles used for delivery. Total Assets; $ 975,000.

Market Competition and Expansion:

There are a few other plumbing supply businesses in the area. Most either focus on consumer plumbing supply, or commodity commercial supply. Significant opportunity exists to grow company through multiple avenues: an increased web presence, internet sales and in-house inside and outside sales.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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