Successful Industrial Distributor - 28393 Business Type: other business services,mfg businesses,misc. manufacturing/non-classifiable,construction building,misc. construction/non-classifiable,construction special trades
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $750,000 | Down Payment | $350,000 |
| Gross Revenues | $700,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $300,000 | Number of FT Employees | Register Free to View |
Financing
$350,000 Down and Balance to be paid over terms: $250,000 1st Yr. $150,000 2nd Yr.
Business Description
Successful Industrial Distributor with more than 73 years of successful operation makes this company is an ideal opportunity for the
enterprising purchaser. The company currently represents more than 400 manufacturers who
serve 20 major product categories. These include material handling equipment, builders hardware, janitorial supplies,
contractor supplies, fastening devices and much, much more. As a result of this broad product line, its major customers are drawn from construction,
aviation, package express companies, manufacturing, transportation, and facilities maintenance industries such as school districts and government agencies.
Ideal location provides easy access to all five boroughs of New York City, as well as Nassau and Suffolk Counties on Long Island.
In addition to ongoing contract activity, the company serves walk-in trade with four experiences, knowledgeable employees who can remain in their positions after the sale.
In addition, the current owners are willing to stay on for several months to train the new owner in every aspect of the business.
Call the broker today at 1-877-735-5224 and let the many businesses this company serves help you build a business of your own.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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