New England Hardscape Distributor Business / RE

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30610274
Property Subtypes: Wholesale and Distribution
Building Size (RSF): 17,500 SF
Sale Price: $2,500,000 - 4,050,000
Year Business Established: 1980
Gross Revenue: $3,784,000 (Annual)
Cash Flow: $675,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 3/26/2021

Overview / Comments

Available for acquisition is one of the largest and privately-owned hardscape distributors in New England. This well-established company has enjoyed serving contractors and homeowners alike for over 40 years. It is a leading supplier of hardscape, flooring, concrete products, and has grown and sustained their company model based on building their business on high-end products and service. The company has developed a great reputation in the area for quality and service and is the predominant hardscape distributor in their region. They provide the product, install information and are able to deliver to residential and commercial contracts. The company has long-term relationships and solid commercial accounts. Revenues in 2019 amounted to $3,784,000 with approximately $675,000 of discretionary earnings for ownership. 2020 YTD revenue is up 25% (Jan 1 - May 1). This opportunity is available for a business offering price of $2,500,000 that includes training during transition to a new owner, vendor, supplier and customer lists, non-compete agreement, goodwill, approximately $350,000 worth of furniture, fixtures and equipment and $800,000 of inventory (inventory can range from $650,000 to $1,050,000 depending on season.) The Real Estate and Land is also available for sale with the business for an offering price of $1,550,000. The business and related property are being offered as a total package. Ownership will consider a lease, up to 5-years for the RE, with right of first refusal.

Additional Details

Industry Segment: Wholesale and Distributors
Reason for Selling: Retirement - Ownership is open to being retained for a longer transition dependent on the need of successors.
Value of Inventory Included ($): $800,000
Value of Furniture, Fixtures, and Equipment ($): $350,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $1,550,000
Mgmt/Training Support Description: Ownership is open to being retained for a longer transition dependent on the need of successors.
Growth/Expansion Opportunities: This business offers exceptional products and many avenues for growth potential. Excellent commercial location with high traffic count.
Seller Financing Description: Open to some seller financing dependent of qualifications of buyer.

Contact

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