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*

Rent: $4,342.71 /Month

Established: 1989

*not included in asking price.

Distributor of Commercial Construction Products and Supplies

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Business Description

The Company is a well-established distributor of commercial construction products and supplies. It 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 14 employees and has been consistently profitable, with the current year outpacing 2018 by a substantial margin.

Some of the products provided include:

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

Deal Terms / Asking Price:

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.

The owners will provide healthy transition period and training, and are available on a consulting basis post-closing, as needed or desired.

To receive a copy of the Offering Memorandum, please eSign the NDA here signnow.com/s/kyroV6AG (or request a PDF) and contact Jeff Hider at 410-987-7062 | jhider@thorgrouponline.com or Aimee Burley at 301-458-0884 | aimee@burleyonline.com

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
9,475
Lease Expiration:
N/A
Employees:
14
Facilities:
The Company is operated from a 9,475 square foot facility with 3 loading docks,
Competition:
There are roughly 10 competitors in the region, however, the company handles competition well due to its longevity in business, reputation, and local name recognition, even without advertising.
Growth & Expansion:
The lack of a marketing and advertising effort presents even greater opportunity for new business built on a solid foundation of name recognition and reputation.
Support & Training:
The owners will provide 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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John Burley

Business Listed By:
John Burley

Burley Consulting, LLC

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