1001-12856 Commercial Doors & Hardware

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30043601
Property Subtypes: Wholesale and Distribution
Building Size (RSF): See Agent
Sale Price: $550,000
Year Business Established: 1989
Gross Revenue: $1,003,542 (Annual)
Cash Flow: $224,381 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Last Updated: 8/1/2017

Overview / Comments

The business sells commercial doors, frames & hardware to contractors and walk-in customers at their fully stocked showroom/warehouse located in the Tampa bay area. Stock materials are purchased from the manufacturer direct creating an advantage in pricing. Materials are ordered as needed from an extensive list of vendors.The stand alone, 5,675 sq ft single story building is a well-maintained showroom, warehouse and 3 offices. Included are 4 vehicles, 2 pallet jacks and a forklift. There is a confidential memorandum available for qualified buyers. See listing agent for details.

Additional Details

Industry Segment: Wholesale and Distributors
Reason for Selling: Owner is looking to retire.
Value of Inventory Included ($): $64,000
Value of Furniture, Fixtures, and Equipment ($): $105,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: Built in 1984, this 5,676 square foot cement block single story building has been well maintained and houses offices, a showroom and warehouses.
Employee/Labor Description: 6 FT. Mondy-Friday 7am-5pm.
Mgmt/Training Support Description: Will train for 4 weeks @ no cost. Sale of Commercial doors and hardware, residential doors and hardware, installation of all products. The business owns and operates its own website and also has .com email addresses.
Competition/Market Description: Competition in the past few years has dwindled due to the economy but this Company has remained steady because of their longtime solid business model & 100% customer satisfaction. The company is at the forefront of any future growth in new construction. They have a well known name and reputation for supplying brand name products at a fair price.
Growth/Expansion Opportunities: The market is endless, and growth is expected to be strong due to investor interest in Real Estate development and low interest rates. Sales and services are at a first come first serve basis. They are normally booked one month in advance for installations. The owner believes the business can easily do two to three times the amount of sales it currently does with proper management and competent sales people.
Seller Financing Description: Lender pre-screened w/ $137,500 down. Lender pre-qualified for a qualified buyer.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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