Business Overview:
This is a well-established underground utilities, sewer & water, and erosion materials distributor that features:
? The business operates out of an 8,160 square foot building complete with a large showroom, warehouse, and outdoor secured storage yard.
? Turn-key with all the equipment needed to operate in place.
? Products include a complete line of water, sewer, and storm drain products - from ductile iron water pipe, PVC sewer pipe and HDPE drainage pipe, erosion control products, pumps, alarms, and pumps controls.
? Loyal and diverse customer base is comprised of Commercial Contractors and Municipalities primarily located in the Central Minnesota market.
? Sales are mainly driven through repeat customers and word of mouth.
? The business has experienced year over year growth in revenue and cash flow.
? 2022 Sales were $10,059,938 million and Owner?s Cash Flow was $1,489,658.
? The real estate is not included but will be available for lease.
? Asking price of $4,950,000 includes $2.35 million of inventory, furniture, fixtures and equipment.
? Bank financing for the business will be available with a down payment of $500k to a qualified buyer.
Sunbelt Listing ID: 52443
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is not 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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