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If you are looking to buy a business in 2012, look no further. This specialty building products wholesaler is a leading supplier to eastern & central Pennsylvania customers and is a long established, well-managed, profitable, debt free business that is poised to expand. This is an excellent business opportunity for the entrepreneur who always wanted your own business to run.
The business maintained sales volumes in 2011 and has remained profitable thru the recession.
Customers include building contractors, developers, municipalities, school districts, universities, hospitals, and other commercial entities.
While the majority of sales are on a design-build bid basis a substantial portion are repeat customers, which provides financial stability to the business. Sales include the specialty products, installation services, as well as service and repair work after the sale.
The firm has preferred supplier arrangements with the leading manufacturers which enable them to compete on virtually all bids.
All business is conducted from a central location, which is available to be leased. All key employees are expected to remain after the sale and the Owner will train the buyer during a transition.
The business has substantial assets included with the sale-(Accounts receivable, inventory, vehicles, furniture, fixtures, and equipment, customer lists, sales order backlog, leasehold improvements and goodwill)-which should qualify the purchase for bank financing.
Financial results for the fiscal year ended December 31, 2011 were: Sales-$9,117,000;
EBITDA-$330,000; Normalized EBITDA-$652,000.
Contact Bruno S. Schmalhofer, Business Broker for more information.
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