Distributor of Commercial Construction Products and Supplies

MD

Distributor of Commercial Construction Products and Supplies
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Asking Price: $1,987,000

Cash Flow: $746,000

Gross Revenue: $6,600,000

EBITDA: N/A

FF&E: N/A

Inventory: $213,000*

Established: 1988

*not included in asking price.

Distributor of Commercial Construction Products and Supplies

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Business Description

Distributor - Commercial Construction

This well-established distribution company is highly service oriented, providing expertise and same-day delivery direct to the job site, providing products to prominent builders and general contractors in the Baltimore, MD to Northern Virginia corridor. Sales are consistent throughout the year with the wide variety of products balancing any seasonality.

The Company has been consistently profitable, with the current year outpacing 2018 by a substantial margin.

The Company has been in business for over 30 years, built wealth for the owners, and the owners now wish to transition the Company to new ownership and retire.

The owners will entertain offers of varying financial and legal structures, each evaluated on their own merit and in relation to other offers. The asking price for the business is $1,987,000 plus the value of inventory on hand at the time of Closing. The most recent inventory count was $213,000 which is a typical level of inventory.

Some of the products provided include:

Protection products
Lumber
Power tools
Safety equipment
Fall protection
Hardware
Fastening equipment
Concrete products
Cleaning products

Detailed Information

Inventory:
Not included in asking price
Employees:
14
Facilities:
The company is operated from a centrally located office / warehouse facility with excellent access to the interstate highway system in the Washington / Baltimore area region.
Competition:
There are a number of competitors in the region. However, the company handles competition well due to its longevity in the business, reputation, and local name recognition.
Growth & Expansion:
The company has no Marketing Plan. Growth opportunities include website development, SEO, creation of a social media presence, increased advertising, and implementation of computer based systems to manage inventory, customers, orders, dispatching, etc.
Support & Training:
The owners will provide a healthy transition period and training, and are available on a consulting basis post-closing, as needed or desired.
Reason for Selling:
Retirement
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Contact the Seller

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Jeffrey Hider, CBI, CBC, CBB

Business Listed By:
Jeffrey Hider

The THOR Group LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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