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Rep - Plumbing Parts Manufacturers
Location: United States -> New York -> All of New York -> Suffolk County
Industry: Manufacturing > Other Manufacturing




Business Summary

ASKING PRICE: $725,000

Very successful Manufacturers Rep. with territorial rights from several Plumbing parts manufacturers extending into the five boroughs of NY, Long Island, parts of Northern NYS and Northern NJ. Sells primarily to smaller and medium size wholesalers. Has grown the business despite the recent recessions and its effect on the construction industry.

It should be noted that seller carries approx. $1.3 million of inventory that belongs to the Manufacturers that he Reps and that only approx. $150,000 belongs to seller.

Potential Growth:
With owner's record of success, one would be more likely to acquire additional mfrs. product lines and thereby create more volume to existing clients and add new ones. Since owner is basically doing most of the selling, adding the right personnel will guarantee additional volume.

FFE: $ 15,000 (Included in Price)
Inventory: $ 150,000
Year Established: 1998
Days & Hours of Operation: 5 days
Employees: 5 Full Time
Absentee Owner: No

Monthly Rent: $ 9,400
Square Footage: 15,000
Facilities:
15,000 sq. ft. of organized and clean warehouse and office space. Lease terms: 5% annual bump.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,277,000
Cash Flow:   $295,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $150,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1998
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will provide as necessary.
Reason For Selling:  To relinquish entrepreneurial responsibility and work load.

Photos

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Rep - Plumbing Parts Manufacturers Photo 1




Print Listing Id: 700183464
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