Wholesale Construction Supply Company for sale.

$1,600,000

Business description

The company has been in business for over 20 years and has a proven track record. The business is located less than one mile from Interstate 95, allowing for easy access for truck delivery and shipment. The business currently occupies a 43,000 SF commercial building. The Business is a true turn-key operation that offers potential buyers an extensive client list, experienced management and sales staff, and modern sales and accounting software. The sales cycle is fairly straightforward; clients call in for quotations of material cost, delivery cost, availability…quotations are given. The inventory contains much of the most often requested materials. The pricing strategy is a mark-up percentage determined based upon competitive strategies, how long a client has been with the company, and volume considerations. In the last three years, 65% of the business is repeat. The 10 full time employees are highly experienced and knowledgeable of the operations, overseeing safety program and the warehouse crews.
Scott Balfour Listing Agent

Scott Balfour

office: (207) 774-7715

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  • Asking price $1,600,000
  • Gross Revenue N/A
  • EBITDA N/A
  • FF&E N/A
  • Inventory $1,300,000 (Included in asking price)
  • Real Estate $1,200,000 (owned, not included in asking price)
  • Established N/A
  • Building SF 39,666
  • Employees 10 FT
  • Facilities The business is currently located at a 40,000+/- square foot warehouse that offers about 90% warehouse space with 10% office space. The site offers easy access to Interstate I-95 and ample parking.
  • Competition There is very little competition in this market and even less that offer the current inventory, quick delivery, and customer support that this business offers. Market area primarily the NH - Maine Line to Bangor.
  • Growth & Expansion The current owners believe that adding a full time, on the road, sales agent would help expand the current market territory
  • Support & Training Management team in place to assist in the training transition.
  • Reason for Selling Retirement