LISTING ID # 35776
Freight Holding & Delivery: Est. 47 yrs. Price Reduced! This is a great bolt-on for any business with an existing warehouse with unused space, ideally in the trucking or logistics space.
What they do is very simple. They work with many kitchen cabinet manufacturers as a holding company. The manufacturer delivers the product to their 5,000-square-foot Nassau County warehouse, and then this company holds and delivers these cabinets to the end user at their home for installation.
The warehouse rent is $6k/month. If you currently have a LI based warehouse, you can add that $6K per month directly to your bottom line. The sale price includes a forklift, a 20-foot box truck, and a van. The business is fully staffed with 3 full-time employees, plus the owner, who manages the warehouse and scheduling. The business only operates Monday–Friday from 7 a.m.–2 p.m.
No weekends. In the past year, the business grossed approx. $350,000.00 with an owner’s cash flow of approx. $75,000.00. The current owner would be willing to stay on as a sales rep. to bring on new accounts. We are seeking a serious and financially qualified buyer with at least $190K in liquid funds to cover the asking price. Proof of funds will be requested before any meetings with the owner can be made.
All site visits must be discreet. All meetings must be made by appointment only!