MergerPlace

High End Construction Material Supplier

Wilmington, North Carolina (New Hanover)


  • Asking Price: $1,200,000
  • Gross Income: $1,600,000
  • Cash Flow: $300,000
  • Real Estate: Not Disclosed
  • Inventory: $90,000
  • FF&E: $60,000
  • Listing ID: #225743
  • Established: 2001
  • Employees: 2

Business Description

Established retailer of high-end construction material. Works with architects and contractors to provide selected top-quality material for commercial and residential construction.

Recurring clients in and around Wilmington. No specific experience in construction required. Manager in place and will stay on, seller will train buyer on specific vendor relations and procurement know-how.

Current owner works only part time in the business.
Extensive growth potential through marketing or employing outside sales staff.
Business location property optional for sale.

2019 SDE: $298,000
2020 SDE: $176,000

*Images are stock photos and do not reflect the actual business or product line.


Business Details

Primary Business Category: Retail Trade - Building Material, Hardware & Garden
Location: North Carolina
Metropolitan Area: Wilmington
County: New Hanover

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $1,200,000
Gross Revenue: $1,600,000
Cash Flow: $300,000
FF&E: $60,000
Inventory: $90,000
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

The current owner does not do any advertising or marketing, lots of room to grow business with marketing efforts, hiring sales staff or expanding the service area.

Competition:

Very limited competition. Market is continuously growing.

Reason for selling:

Retirement

Support & Training:

The current owner is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners.

Contact Business Seller

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Business Listed By:

Regina Fisher

Bristol Group