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Distributor Subcontractor Focusing On Construction
Location: United States -> New York -> Other New York
Industry: Business Services > Construction

Business Summary

Business Description:

Company is a distributor/sub contractor to the Construction Industry including commercial, institutional and municipalities and its products qualify under Specification Sections 10,11 and 12 of the Construction Specifiers Institute building code.

Their services include furnishing and installation of their products.

They have built a name and reputation that is unprecedented in this industry and competition is limited.

Growth is unlimited for any acquirer if they are willing to further expand the product line and grow beyond the tristate area.

Historical Summary:

The Company started the Business in 1936 by building box trucks for the NYC Garment Industry.

The company after World War II started by establishing a warehouse, storage company .After World War II they started by establishing a warehouse, storage and safety equipment company.

They offered hand trucks, shelving, materials, handling equipment and lockers to customers in the New York-New Jersey area.

They continued to expand the company, marketing materials handling & safety products through mail order catalogs.

In the early 90's, the Company changed direction by targeting the needs of general contractors, starting with lockers and shelving.

They continue to expand their Division 10,11 and 12 product line offering one stop shopping to the the general contractors market place.

Today they focus on Division 10, 11 and 12 items with a cross section of products.

Their commitment and dedication to satisfying the needs of their customers sets them apart from their competition.

Their professional staff leaves the customers feeling comfortable and secure that the work contracted will be completed on time and on budget.

Listed Price: $ 8,000,000
Listing ID: CNY2310117


Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $12,052,548
Cash Flow:   $1,030,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1936
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  COMPLETE SUPPORT AND TRAINING INCLUDED -Owners will be available for six months or more
Reason For Selling:  RETIREMENT Owners will be available for six months or more

Print Listing Id: 700274447
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