||Employees||3 full, 3 part
* Included in Asking Price
Established in 1976 this supply house has maintained a strong customer base and name recognition. This is a contractor’s one stop shop, providing quality and reliable services and supplies, just North & West of Omaha. Providing Sales of $3-4 Million annually; 90% to Contractors and 10% to Consumers. Building supply inventory includes garage doors, lumber, windows, trim, siding, roofing materials and more. Approximately 90% of the customer list is repeat clientele. Contractor sales account for 90% of revenues and the delivery services are utilized 80% of the time.
The business is fully staffed with 1 CFO, 3 Delivery Staff, 1 Yard Manager, and 1 Shop Manager – the team is all cross-trained to assume the responsibilities of the current Owner after the sale is completed. The Seller is willing to stay on and transition a new Owner for up to 1 year if desired by the Buyer.
A new owner has the potential to get a 150% Return On Investment after a down payment of $89,000.
Reason for Selling: Retirement
Personnel: 1 CFO, 3 Delivery Staff, 1 Yard Manager, and 1 Shop Manager
Hours: Monday – Friday 7AM – 5PM
Support to Buyer: Younger Owner is willing to stay on for up to 1 year post-close to assist with training & transition
Additional Information: Demographic of Sales: 90% to Contractors and 10% to Consumers YOY Growth/Sales Trends: Consistently growing year over year since 2008!
Current Owner’s Responsibilities: Owner oversees the purchasing and estimating – employees are cross-trained to assume Owner’s responsibilities
Assets Included in Purchase: $927,134
Equipment: $154,000 – including saws, banders, hand tools, generators, blowers, 1 scissor lift, 3 fork lifts, etc.
Vehicles: 4 Flat liners, 4 Vans, 1 Truck
Usable Inventory: $400,000 [Turns 10 times per year]
A/R: $373,134 A/P: $191,033 [this is a liability]
*amounts may vary
Purchase Price: $890,000
10% Buyer Down Payment: $89,000
15% Seller Financing: $133,500
75% Bank Loan: $667,500
Bank Loan is collateralized in full from business assets of $746,101!
|Growth Potential:||YOY Growth/Sales Trends: Consistently growing year over year since 2008!|
|Training/Support:||Younger Owner is willing to stay on for up to 1 year post-close to assist with training and transition|
Seller Reference #CON012
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