BUSINESS FOR SALE D-2567s

DISTRIBUTOR OF BUILDING PRODUCTS

This Tri-State (Ohio, Kentucky, Indiana) company is a distributor of building materials for the building trades. The contractors the company sells to work in commercial, residential remodel, new home construction, and do-it- yourself remodeling. The owner is responsible for estimating and general administration of the business.

INVESTMENT HIGHLIGHTS:

• Well known with established name and excellent reputation for quality service
• Experienced workforce
• Opportunity for growth for new owner willing to focus on business development
• Highly profitable operation that has been performing well for decades
• Owner is willing to work with the new owner to ensure a smooth transition

PURCHASE PRICE:

The Company is offered for an asset sale, free and clear of all debt and liabilities, for an asking price of $1,590,000. The owner will retain cash and accounts receivable. Included in the sale is all equipment valued at $630,000+ and inventory of $550,000.

The real estate is also for sale, for an asking price of $1,080,000 (recently appraised), but can be leased. The P&L / “ACF” has the cost of lease payments of $90,000 per year, triple net included.

REASON FOR SALE: Retirement.

 

P&L SUMMARY:2018201720162015
Total Revenue     4,183,452    4,799,189   5,042,557     7,005,861
ACF        392,565       462,340      518,658        663,603
ACF: Net Income / Cash Flow  before owner salary, perks, interest & depreciation.
ASSETS INCLUDED IN PURCHASE:
Numerous Vehicles & Forklifts        501,500
Racking, plus small tools, software other small assets, more than:        233,500
Inventory        550,000
TOTAL     1,285,000

 

DETAILED OFFERING MEMORANDUM IS AVAILABLE
For Further Information Contact:
KEATE PARTNERS, LTD.
1095 Nimitzview Dr. Suite 201
Cincinnati, OH 45230
(513) 241-3700 Fax (513) 672-9386
www.keatepartners.com
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