Construction Materials Company for Sale in New York, United States

Building Materials Commercial Distribution Business Ready for Additional Growth.

Established 40-50 year(s)
Employees 10 - 50
Legal Entity S Corporation
Reported Sales USD 6.5 million
Run Rate Sales USD 6.5 million
EBITDA Margin 1 %
Industries Construction Materials
Locations  New York
Local Time 10:19 AM America / New York
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 2 million (Native Currency: USD 2,000,000)
Reason: Retirement.
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Business Overview

- Founded in 1980 as retail only, the current owner used his turn-around expertise to purchased and rebuild the business ten years ago.

- He shifted the strategy to focus 100% on commercial customers and has maintained superior credit worthiness throughout.

- After a few initial years of restructuring personnel, the past seven years has focused on streamlining the product mix, operations and integrated computer systems to prepare a profitable and stable base for the company’s growth phase.

- The owner has reached his planned retirement time.

- This business is ready for its next growth phase.

- The new owner will benefit from well trained and reliable employees (including a head of operations, impeccably organized and computerized systems already in place, so that new investments can be focused on variable costs for growth, not on fixed costs for infrastructure.

- The owner has recently secured major distribution contracts with highly-supported, high-quality national brands that could double the sales revenue over the next few years. Exclusivity exists between Virginia and Massachusetts.

Products & Services Overview
Not Disclosed
Facilities Overview

Option: YES.

Lease Security: 35000.

Type of Location: Stand Alone.

Facilities:

30,000 sq. ft. impeccably organized warehouse with 1,000 sq. ft. of offices and a 1,000 sq. ft. showroom for commercial customers.

The business has ample parking and is nearby a major highway for easy shipping routes. Warehouse can support at least 100% growth as-is.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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