Successful Construction Related Wholesaler

Not Disclosed, UT
Salt Lake County

Wasatch Front


Asking Price: Annual Revenue:
$1,500,000 $3,110,942

Wholesale/Distribution: Durable Goods


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RE: Successful Construction Related Wholesaler Broker: Eric Sorensen

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $3,110,942
Net Profit: Not Disclosed
Cash Flow: $218,735
Total Debt: Not Disclosed
FF&E: $240,659
Real Estate: Not Disclosed
Year Established: 2010
Employees: 7
BBN Listing #: 38904955
Broker Reference #: 7405-17497

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Business Overview:

The Company is an established sink, stone working tools and supply distributor serving the state of Utah and surrounding areas. The Company primarily sells kitchen and bathroom sinks with the stainless-steel sink comprising close to 30% of annual sales. There is virtually no customer concentration with no one party comprising more than 10% of annual revenue. 

In recent years, the Company has made a push into the tools and related supply segment which now comprises about one third of revenue. This segment will continue to be an area of focus for growth. 

The asking price for the business is $1.5 million. The asking price reflects the estimated fair market value of inventory, fixed assets, and an allocation to the intangible business structure. 

The owners founded the company more than ten years ago and are now seeking retirement through a sale.

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Property Features and Assets:

Leased warehouses in Utah. Assets = $1,198,888

Market Competition and Expansion:

Minimal competition.  Penetration into existing market. Growth of tools business. 

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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