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Construction Material Provider - $2.77m Included Property! (37767) For Sale

Texas, US
Asking Price:
On request Inventory / Stock included
Sales Revenue:
$33,000,000
Cash Flow:
$6,500,000

Accepting Offers! Situated within Texas, this construction supplier is the largest retailer in the area offering quality millwork services and construction materials such as steel, lumber, concrete, and roofing products. Boasting high ratings and over four decades of experience, the company enjoys long-time reputations and strong commands over top local markets of Residential Home Builders (40%), Commercial Contractors (20%), and roofing Suppliers (40%). Managing to thrive during 2020’s recession, 2022 Revenues reached $33 Million with Discretionary Earnings of $6.5 Million, rounded. With no individual client making more than 4%, nor the Top Ten summing over 26% of their annual income, the company has a diverse client base that carries a low-impact risk rating. Four buildings that total 40,724 square feet feature around 4,800-sq.ft. of administrative areas, plus 35,200-sq.ft. of warehouse and millwork spaces. The full real estate is found in prime condition and commercially zoned to handle additional capacities for expansions, with two of the properties included within the Asking. With new potentials to take business to next levels, company is in prime condition to continue growth with the included equipment, working capital, and inventory over $6,000,000! Reliable personnel of 33 nonunion employees with a management team in place agree to remain post-purchase and continue work after a smooth owner transition period negotiable up to two years. Besides verbal referrals from a large and repeat customer base, this company benefits from programs sponsored by the regional Home Builders Association and has an internalized sales team. With figures based on an independent evaluation, this opportunity won’t last long, call IAG today!

Property Information

Real Estate:

Lease

Location:

Listing features a Dual Property appraised at $2,770,000!

Premises Details:

Features current Receivables of $2,042,564 and Other Assets valued at $544,715.

Size in square feet:
40,724+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Thursday 8AM - 5PM.

Employees:
33 new nonunion.
Years established:
1980

Other Information

Support & training:

Negotiable Owner Transition period of up to 2 years with a management team in place.

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

Negotiable up to 20% for the right buyer.

Inventory / Stock value:
$6,471,545 - included in the asking price