Sales projections target $5.8 million for 2024 with a 57% profit increase! Well-established in the North Colorado area, the business specializes in the wholesale of construction-related products and material for builders, general contractors, suppliers, and other local industrial clientele. With a strong focus on fasteners such as screws, nuts, bolts, and nails, other products include concrete mix, safety equipment, ladders, paint, and sundries. The business has secured a database of repeat clients over the past 3 decades, making this an excellent bolt-on opportunity for structural construction suppliers offering lumber, drywall, and other framing materials. Revenues reached $3,246,366 in 2023, alongside discretionary earnings of $179,538. Inventory rotates regularly with a focus on bigger orders per project. Capitalize on direct partnerships with manufacturers for strategic growth such as e-commerce or diversification. The property is a leased location measuring 7,000 square feet with an office room, warehouse, and a surrounding parking lot with room for expansion. The skilled staff of three nonunion workers are likely to remain post-sale and continue operations. The involved ownership is flexible for a standard or extended transitioning. Flexible to various deal structures, this listing won’t last long.
- Asking Price:
- $675,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,246,366
- Cash Flow:
- $179,538
Property Information
- Real Estate:
-
Lease
- Size in square feet:
- 7,000+/-
Business Operation
- Reasons for selling:
-
Health and approaching retirement age, no business successors.
- Trading hours:
-
Daily 8AM to 5PM.
- Employees:
- 3 nonunion.
- Years established:
- 1988
Other Information
- Support & training:
-
Flexible for standard or extended transition.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Standard SBA-term financing will be negotiable for qualified buyers.
- Furniture / Fixtures value:
- $110,000 - included in the asking price
- Inventory / Stock value:
- $55,000 - included in the asking price
