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37650 Hardware Distributor In Palm Beach City For Sale

Palm Beach County, Florida, US
Asking Price:
$3,500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,831,273 (USD)
Cash Flow:
$303,381 (USD)

This wholesale distributor in Coastal Florida specializes in the sale of construction products offers a wide-range that includes hollow metal and aluminum frames, wooden doors, hardware, mill work and glazing. With a 6,600 square-foot facility containing 1,000 sq. ft. of office space and 5,600 sq. ft. for production areas, property includes a storefront, warehouse and storage yard for its fleet of trucks. Four units are owned with an option to lease or purchase. Their tools, equipment and skilled personnel of 15 nonunion employees with industry experience, fortify the company’s proven track record of approximately 10 years in business. The marketing efforts focus on targeting medical and school projects within the 150 miles using Blue Book Building & Construction Network and word of mouth referral sources. Seller believes its large repeat customer base, strong local reputation and prime central location present several growth opportunities for strategic buyer and is willing to facilitate a smooth transition by remaining a standard transition period or up to 3 years under current management role. Currently projecting gross revenues of $3,200,000 for 2019, revenues for last year were of $2,831,273 with Seller’s Discretionary Earnings of $303,381.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

Monday to Friday from 7:00am - 3:00pm

Employees:
15 nonunion
Years established:
2010

Other Information

Support & training:

Up to 3 years

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$275,000 (USD) - included in the asking price
Inventory / Stock value:
$900,000 (USD) - included in the asking price

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