Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Independent Coastal Supplier Of Diverse Workspace Storage Solutions For Sale

North Carolina, US
Asking Price:
$12,200,000 (USD) Furniture / Fixtures included
Sales Revenue:
$162,331 (USD)
Cash Flow:
$406,757 (USD)

This business provides a wide range of high quality storage, organizational, and workspace solutions to both residential and commercial clients locally as well as nationally and online. The owners have built a large clientele including federal / state government and local municipalities, medical/hospital/research labs, industrial, manufacturing sectors including new floor marking signage for pandemic era social distancing.

The business also provides a range of applications for residential garages (including workshops), home office spaces, attics, sheds, laundry/mudrooms and closets. Another residential product category offered to residential clients are fixed and retractable screens, shades and awnings.

Not only does the business sell stock, semi-stock and fully custom cabinets, work surfaces and shelving they also install the highest quality epoxy floor coating solutions in hundreds of different colors and textures.

The business is a supplier and distributor of industry related products, for some of which they hold an protected territory.

The unique product mix, vendor redundancy, distribution capabilities, installation and service lines provides the owners a diverse, high-margin income stream.

The business was founded in 2006 by a husband and wife team who are ready to retire.

Property Information

Real Estate:

Lease

Lease Terms:

Month to Month as the building is currently listed for sale.

Leasehold Rent:

$9,600 (USD) per annum

Location:

The business operates out of leased commercial space with good signage and frontage on a major thoroughfare with adequate parking. Within the facility are multiple showrooms that display many of the available products, colors and finishes available. There is also a workshop and warehouse for staging and preparing jobs for delivery and installation.

The leased location is currently listed for sale.

Premises Details:

The business operates out of leased commercial space with good signage and frontage on a major thoroughfare with adequate parking. Within the facility are multiple showrooms that display many of the available products, colors and finishes available. There is also a workshop and warehouse for staging and preparing jobs for delivery and installation.

Size in square feet:
1,500

Business Operation

Expansion Potential:

The business is well positioned for growth having the tools/equipment and tow vehicle/trailer to double capacity. A new energetic owner could choose to increase the number of products even further, undertake marketing in a larger geographic area, and/or increase participation in tradeshows and home shows. The new owner could also open a retail showroom location selling accessories and complete installations direct to consumer.

Competition / Market:

This business provides a complimentary range of products, installation and service that is difficult to match which has resulted in sales to clients across the country. A true "one stop shop" for most projects short only of electrical and plumbing when required.

Reasons for selling:

Retirement

Trading hours:

M – F 8 – 5. Showroom by appointment

Employees:
5
Years established:
14

Other Information

Support & training:

Sellers will provide up to 80 hours of transition support at no additional cost. Additional transition assistance my be negotiated.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller is willing to participate in SBA seller financing up to 10% - only if required by SBA (which has not been required since 12/2018).

Related Documents:
Relocatable:
This business can be relocated.

Contact Enlign Business Brokers

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Enlign Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here