MergerPlace

Highly Profitable Wholesale

Washington (Spokane)


  • Asking Price: $701,600
  • Gross Income: $757,182
  • Cash Flow: $267,551
  • Real Estate: Not Disclosed
  • Inventory: $115,050
  • FF&E: $84,900
  • Listing ID: #208679
  • Established: 1995
  • Employees: 2 FT

Business Description

This highly profitable business wholesales hardware directly to builders and delivers the hardware packages directly to the job site. The hardware packages include: Locks, Door Hardware, Bath Hardware and Cabinet Hardware.


Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: Washington
County: Spokane

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT

Financial Information

Asking Price: $701,600
Gross Revenue: $757,182
Cash Flow: $267,551
FF&E: $84,900
Inventory: $115,050
Seller Financing Available: No

Property Information

Facilities:

The business currently leases 2,500 sq. ft. in a centrally located facility for $1,500 per month.

Growth & expansion opportunities:

The company currently promotes it products and services through word of mouth and repeat business from local builders. Substantial opportunity for growth exists through developing an internet based sales channel, social media campaign, quarterly newsletter and direct mail campaign to existing and former customers.

Competition:

No other company in the area provides the products and level of service provided by this company.

Reason for selling:

Retirement

Support & Training:

Will train for 2 weeks @ no cost The new owner should have an understanding of the hardware products the company wholesales to the building/construction industry. The products include: Locks, Door Hardware, Bath Hardware and Cabinet Hardware. The new owner should possess good sales and customer service skills. Washington State Business License required.

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Business Listed By:

Brain Southworth

Murphy Business Brokers