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.
• 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
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.
|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|
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
Business Sales · Mergers · Acquisitions · Valuations