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Business for Sale

Fastener Supplies Distributor
Suffolk County, NY

Listing #9848

   
Financial Information (non-confidential)
Asking Price $175,000.00 Gross Revenues $265,140.00
Down Payment $100,000.00 Owner’s Cash Flow $79,623.00

Financing: $100,000.00 Down and $75,000 over 3 years @ 8%

Reason for Selling:Death of Owner

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.
Joseph Stansky Esq
Senior Business Broker
631-383-3109
jstansky@vestedbb.com
Servicing Area:
Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
Joseph Stansky Esq

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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