Metal And Wood Distributor In Tampa Bay Area For Sale

Business description

Revenue $4,190,625. You can buy this business for $2,250,000. Building and Real Estate is available for a long term lease for $136,000 NNN or can be purchased for $1,500,000 if the buyer prefers to own the building. Established leader for over 20 years, the business services across the US with distribution products. The primary products are Architectural and Commercial Doors and Hardware. The business provides products through general contractors and large end-users for all types of commercial projects. Projects consist of private and governmental hospitals, assisted living and nursing facilities; military bases, hotels, condos, office buildings, schools, churches, restaurants, shopping and entertainment centers. Products consist of steel and/or wood doors and frames for both interior and exterior use. Also available is a range of hardware, bathroom accessories, and additional specialty products. Steel doors come in several gauges and wood doors come in several different veneers. All standard, prehung and specialty steel and wood doors are standard, fire-rated and windstorm approved. Architectural hardware consists of locksets, hinges, exit devices, closers, flatware, and all categories of electronic and security hardware. Bath accessories are all items for restroom facilities in a building. The business provides specialty products of all types; such as louvers, moldings, lockers, fire extinguishers, and flag poles. The business also represents major door and hardware manufactures as well as a number of other lines to have a broad product availability. The materials are purchased by contract and/or by purchase orders. The company is divided into two departments- Contract Sales and Over-the-Counter Sales. Product can be shipped factory direct or delivered to the job site by company trucks. Sales volume has been as high as $6,700,000.00. In the last three years sales have been over $14,700,000.00. The upside opportunity is tremendous for any buyer that is interested in a Distribution opportunity. A business valuation has been completed by an independent, third party, accredited Business Valuation Company and is available to qualified buyers.

Property information

Real Estate:

Real Property Included

Location:

Seller owns the real estate & buildings and is offering an $11,340 per month triple net lease.

Other information

Support & training:

6 months

Reasons for selling:

Retirement

Trading hours:

The business is open 5 days, Monday-Friday 8:00am-5:00pm.

Furniture / Fixtures value:

$750,000 (included in the asking price)

Inventory / Stock value:

$500,000 (included in the asking price)