Very Profitable Wholesale / Distribution Biz!!
Location: Virginia > Norfolk city County > Hampton Roads
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Asking Price: $1,999,990
Gross Revenue: $2,300,000
Cash Flow: $540,000
Inventory: $45,000 (Included in Asking Price)
FF&E: $135,000 (Included in Asking Price)
Seller Financing: SBA Pre Qual'd
Business Summary
Well managed wholesale/distribution business that effectively markets interior home improvement products to retailers, contractors and consumers throughout the Mid-Atlantic region. The company has built a reputation for delivering a high quality product on time coupled with superior customer service. Current owners have grown the business significantly via building market share and adding new product lines. They are now at the point at which they can pick and choose their client base and focus on doing the business they want to do vice taking all opportunities. The ups and downs of the housing market have proven to be a boon for business. Whether people are staying put and tapping into their home equity to remodel, sprucing up to sell in a much more competitive market, or rehabbing an older home that is now all they can afford, they need this company s products. Apartment Complex owners also recognize that to continue to be competitive in the current marketplace, they must update their properties, resulting in large scale sales for the company.
About the Business
Year Established: 20+
Employees: 12 full time -
Facilities: 12,000 Sq. ft. building provides facilities for all needed operations including processing and warehousing of materials. Additionally it contains finished space housing a reception area, displays rooms and offices.
Market Outlook and Competition: The company dominates its market niche and expanding into others as well as expanding its geographic footprint.
About the Sale
Management Training and Support: Seller will provide 30 days of training. Ongoing consulting afterwards possible.
Reason For Selling: Owners wish to focus on a new business venture.

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Listing Tools
BizQuest ID:872939
Business Listed By
Name:Leon Garber, CBI
Company:Gaither, Garber & Associates, Inc.
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