Construction Suppler, AveSDE 267k, 80yr old seller

Not Disclosed, CA


Asking Price: Annual Revenue:
$895,000 $1,703,563

Wholesale/Distribution: Durable Goods


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RE: Construction Suppler, AveSDE 267k, 80yr old seller Broker: Jack Flowers
License #: 01160661

Quick Facts

Asking Price: $895,000
Annual Revenue: $1,703,563
Net Profit: $49,203
Cash Flow: $49,203
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2021
Employees: 4
BBN Listing #: 3363931
Broker Reference #: PH10836

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Business Overview:

This business is an incredible opportunity for a buyer looking to take a successful company to the next level. The 80-year-old owner doesn’t have the drive to grow the business. Four year average SDE 266,847K. This business is a wholesale supplier of specialty construction supplies. The sales and profit fluctuate based on the seller's ability to sell. The customers are about 1/3 large contractors and 2/3 small to mid-size contractors; retail sales are insignificant. They have a truck with a forklift for deliveries. The two part-time sellers are about 80 years old. Buyers don't need special skills; general business knowledge would be a plus. PH10836

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Property Features and Assets:

The current lease will expire on 12/21/2022, Rent $11,750, 11,520 square feet. Inventory $325,000 included in purchase price. Hours Monday thru Frida from 6:30 am to 3:30 pm.

Reason for Selling:

Retire

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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