Turn-Key Construction Supply Company for Sale

Kennebec County, ME (Relocatable)

Turn-Key Construction Supply Company for Sale
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Asking Price: Get Financing: $1,600,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $1,300,000

Real Estate: $1,200,000*

Established: N/A

*not included in asking price.

Turn-Key Construction Supply Company for Sale

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Business Description

Construction Supply Company. The company has been in business for over 20 years and has a proven track record. The business is located less than one mile from Interstate 95, allowing for easy access for truck delivery and shipment. The business currently occupies a 43,000 SF commercial building. The Business is a true turn-key operation that offers potential buyers an extensive client list, experienced management and sales staff, and modern sales and accounting software. The sales cycle is fairly straightforward; clients call in for quotations of material cost, delivery cost, availability...quotations are given. The inventory contains much of the most often requested materials. The pricing strategy is a mark-up percentage determined based upon competitive strategies, how long a client has been with the company, and volume considerations. In the last three years, 65% of the business is repeat. The 10 full time employees are highly experienced and knowledgeable of the operations, overseeing safety program and the warehouse crews.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
39,666
Employees:
10 FT
Facilities:
The business is currently located at a 40,000+/- square foot warehouse that offers about 90% warehouse space with 10% office space. The site offers easy access to Interstate I-95 and ample parking.
Competition:
There is very little competition in this market and even less that offer the current inventory, quick delivery, and customer support that this business offers. Market area primarily the NH - Maine Line to Bangor.
Growth & Expansion:
The current owners believe that adding a full time, on the road, sales agent would help expand the current market territory.
Support & Training:
Management team in place to assist in the training transition.
Reason for Selling:
Retirement
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Scott Balfour

Business Listed By:
Scott Balfour

Magnusson Balfour Commercial & Business Brokers

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