Fastener Supplies Distributor - 9848 Business Type: wholesale/dist businesses
Acted as the Advisor to the Deal
All of NJ
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All of MA
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $175,000 | Down Payment | $100,000 |
| Gross Revenues | $265,140 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $79,623 | Number of FT Employees | Register Free to View |
Financing
$100,000 Down and $75,000 over 3 years @ 8%
Business Description
DEATH FORCES IMMEDIATE SALE OF BUSINESS. 30 year old niche distribution business of hard to find fasteners, nails, tacks, etc., and tools for roofers, carpenters, furniture makers, general contractors, asbestos abatement, etc. 150 active national and international customers. Some exclusive lines. Owners long illness affected sales efforts. Company supplies fasteners and tools manufactured by Arrow, Atro, BeA, Beck, Bostitch, Fastco, etc. No local competition. Business being maintained part time by sons. HURRY-Great Opportunity to pick up long established company for well under market value. Call broker for details.
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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