37528-Distributor of Doors, Frames and Hardware

TX

Seller Financing Available
37528-Distributor of Doors, Frames and Hardware
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Asking Price: $1,700,000

Cash Flow: $509,000

Gross Revenue: $3,295,000

EBITDA: N/A

FF&E: N/A

Inventory: $199,000

Established: 2011

37528-Distributor of Doors, Frames and Hardware

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Business Description

The company provides commercial doors, frames, related supplies and hardware for local contractors and commercial enterprises. Exceptional opportunity in a hot market! This business is in high demand and is only doing 30% or so of potential orders. A new owner with energy and more trained personnel could double or triple the sales and profits! The company offers diverse inventory of doors and hardware, with fabrication capabilities to fit specific dimensions and requirements. Located in The Greater Houston Area. With constant demand, they also service several surrounding counties. The company leases a 9,000-square foot facility featuring a warehouse, production area and office space. The company has a proven track record, supported by over 10 years of ongoing business. With its broad range of products and services, the marketing efforts focus on targeting commercial contractors. Revenues have been increasing 11% over the past five years due to an improving local economy. Last year, the total revenue was $3,294,944 with Seller’s Discretionary Earnings of $509,095, both could easily be increased.

Detailed Information

Inventory:
Included in asking price
Employees:
8
Financing:
Negotiable for the right buyer
Support & Training:
The owner will be available up to 2 years after the sale, if desired by the new owner.
Reason for Selling:
Approaching retirement
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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