MergerPlace

Quality Distributor/Subcontractor

Queens, New York (Queens)


  • Asking Price: $8,000,000
  • Gross Income: $12,052,548
  • Cash Flow: $1,030,000
  • Real Estate: $4,000,000
  • Inventory: $24,190
  • FF&E: Not Disclosed
  • Listing ID: #197814
  • Established: 1936
  • Employees: 20

Business Description

Business Description:


Company is a distributor/sub contractor to the Construction Industry including commercial, institutional and municipalities and its products qualify under Specification Sections 10,11 and 12 of the Construction Specifiers Institute building code.

Their services include furnishing and installation of their products.

They have built a name and reputation that is unprecedented in this industry and competition is limited.

Growth is unlimited for any acquirer if they are willing to further expand the product line and grow beyond the tristate area.


Historical Summary:


The Company started the Business in 1936 by building box trucks for the NYC Garment Industry.

The company after World War II started by establishing a warehouse, storage company .After World War II they started by establishing a warehouse, storage and safety equipment company.

They offered hand trucks, shelving, materials, handling equipment and lockers to customers in the New York-New Jersey area.

They continued to expand the company, marketing materials handling & safety products through mail order catalogs.

In the early 90’s, the Company changed direction by targeting the needs of general contractors, starting with lockers and shelving.

They continue to expand their Division 10,11 and 12 product line offering one stop shopping to the the general contractors market place.

Today they focus on Division 10, 11 and 12 items with a cross section of products.

Their commitment and dedication to satisfying the needs of their customers sets them apart from their competition.

Their professional staff leaves the customers feeling comfortable and secure that the work contracted will be completed on time and on budget.


Business Details

Primary Business Category: Construction - Building, Developing
Location: New York
Metropolitan Area: Queens
County: Queens

Company Information

Year Established: 1936
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 20

Financial Information

Asking Price: $8,000,000
Gross Revenue: $12,052,548
Cash Flow: $1,030,000
EBITDA: $1,030,000
Inventory: $24,190
Real Estate: $4,000,000
Seller Financing Available: Yes

Property Information

Facilities:

Square Footage: 8900 Type of Location: Stand Alone Facilities: A STAND ALONE BUILDING WITH AMPLE PARKING INCLUDES WAREHOUSE AND OFFICES.

Growth & expansion opportunities:

Unlimited

Competition:

Extremely limited

Reason for selling:

RETIREMENT Owners will be available for six months or more

Support & Training:

COMPLETE SUPPORT AND TRAINING INCLUDED -Owners will be available for six months or more

Contact Business Seller

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Business Listed By:

Mel Lisiten

LISITEN ASSOCIATES