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Established Hardware Wholesale Distributor
Location: United States -> New York
Industry: Wholesale and Distribution > Wholesale and Distribution




Business Summary

Locksmith, Hardware, and Discount store Wholesale Distributor

This 28-year-old hardware wholesale distributor involves the B2B sale of supplies for a variety of industries including key blanks, key machines, key accessories, locks, hardware, housewares etc. The company has established a large customer list with repeat business throughout Long Island and NYC 5 boroughs. It has been a reputable distributor for many manufactures, some of which have already stopped accepting new distributors.

The well-established business has growth in sales every year. Currently the owner only works 10 months a year, the net profit for the owner last year was $139,796. A commercial van for delivery service is included in the asking price. $172,000 inventory is available for purchase with the deal. It has a 1500 square feet warehouse in Suffolk County for only $1,236 a month, but it is relocatable to anywhere in New York metropolitan area. It's also possible for an absentee ownership. Excellent acquisition for a buyer looking for a turn-key business or for existing distributors to expand their businesses.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $354,065
Cash Flow:   $139,796
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $25,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  other interests

Photos

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Established Hardware Wholesale Distributor Photo 1 Established Hardware Wholesale Distributor Photo 2




Print Listing Id: 700332943
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Related Searches: Wholesale and Distribution  > 

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