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Asking Price$750,000
Revenue$1,170,000 Established1998
Cash Flow$245,000 Employees5 full-time
FF&E$10,000 FranchiseNo
Inventory$175,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Distributor of commodity type plumbing supplies to small and medium size wholesalers. Has territorial rights in Northern NJ, Long Island and the five boroughs of NY. He has approx. $1,325,000 inventory on consignment housed in a 15,000sf warehouse. Also created an e-commerce web site that is growing rapidly. Business is finance approved.
Sales and net have held up during '09 as well.
Facilities:15,000sf warehouse strategically located to service customer base.
Competition:Grew the business from zero to $1,170,000 in the last 11 years armed with his suppliers' territorial rights in Northern NJ, Long Island and the five NY boroughs and his sales ability.
Growth Potential:You have all the ammunition. It's up to you to make it work for you. Sales increased every year since inception. '08 sales increased by 7% over '07.
Training/Support:Will provide.
Seller Financing:Tbd
Sale Reason:Wants to move on.
Ad #15549
Seller Reference #1265
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Jay M. Inbar
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