MergerPlace

Commercial Doors & Hardware

Florida


  • Asking Price: $550,000
  • Gross Income: $1,003,542
  • Cash Flow: $224,381
  • Real Estate: Not Disclosed
  • Inventory: $64,000
  • FF&E: $105,000
  • Listing ID: #197976
  • Established: 1989
  • Employees: 6 FT

Business Description

The business sells commercial doors, frames & hardware to contractors and walk-in customers at their fully stocked showroom/warehouse located in the Tampa bay area. Stock materials are purchased from the manufacturer direct creating an advantage in pricing. Materials are ordered as needed from an extensive list of vendors.The stand alone, 5,675 sq ft single story building is a well-maintained showroom, warehouse and 3 offices. Included are 4 vehicles, 2 pallet jacks and a forklift. There is a confidential memorandum available for qualified buyers. See listing agent for details.


Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: Florida

Company Information

Year Established: 1989
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT

Financial Information

Asking Price: $550,000
Gross Revenue: $1,003,542
Cash Flow: $224,381
FF&E: $105,000
Inventory: $64,000
Seller Financing Available: No

Property Information

Facilities:

Built in 1984, this 5,676 square foot cement block single story building has been well maintained and houses offices, a showroom and warehouses.

Growth & expansion opportunities:

The market is endless, and growth is expected to be strong due to investor interest in Real Estate development and low interest rates. Sales and services are at a first come first serve basis. They are normally booked one month in advance for installations. The owner believes the business can easily do two to three times the amount of sales it currently does with proper management and competent sales people.

Competition:

Competition in the past few years has dwindled due to the economy but this Company has remained steady because of their longtime solid business model & 100% customer satisfaction. The company is at the forefront of any future growth in new construction. They have a well known name and reputation for supplying brand name products at a fair price.

Reason for selling:

Owner is looking to retire.

Support & Training:

Will train for 4 weeks @ no cost. Sale of Commercial doors and hardware, residential doors and hardware, installation of all products. The business owns and operates its own website and also has .com email addresses.

Contact Business Seller

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Business Listed By:

Carole Akers-Harrison

Murphy Business Brokers