Asking Price: $ 1,475,000.00 / Inventory $675,000.00 Included
Type of Business: Distributor Plumbing Supply
Location: Southern California
Hours of Operation: 8:00am to 5:00pm Monday thru Friday
Gross Sales: $ 1,350,000 (Annual)
Adjusted Net Profit: $ 100,000 Owners Annual Salary
Total Rent: $ 3,901.00
NNN: $ Incl.
Length of Lease: Annual Renewable (Relocatable Business)
Sq. Ft. 5,000
Number of Employees: 7
Full time: 5 Part time: 2
Payroll: Monthly $23,700 Including $7,000 Owner Salary
Insurance: $ 2,971
Gas: $ 100.00
Electric: $ 250.00
Water: $ N/A
Phone: $ 1,857.00
Trash: $ N/A
Internet and TV: $100.00
Cost of goods: N/A
Distributor Supply House of Plumbing Parts; selling to Wholesalers Nationally through a chain of Sales Reps. The company maintains a standing inventory of $650,000 of goods which is included in the price. As a result of a large and varied inventory the products are able to be shipped within 2 hours of an order. Their products are shipped nation wide including Canada. NO ONE ACCOUNT REPRESENTS MORE THAN 20 % OF THE BUSINESS. The company was established in 1997 and has positioned itself in the market associated with a World Class Manufacture of Pop-Up Waste drains. They also have Shower Heads, Tub Spouts, Tools, and related products… Kitchen Sinks and accessories. They generate approximately $1.4 million in annual sales and this is accomplished through National Sales Representatives, Product Web Site, and Catalog Sales. This Supply House has a Special Sales Asset, they can sell their products by the EACH in bulk, or Sold in boxes of 50 or cases of 250. It gives their Wholesalers a great savings by maintaining their Inventory Cost Control… There is room to grow dramatically, by adding more sales representatives for states in the country not currently receiving products. The Web Site also needs to be updated in order to make it more market oriented with their products.
Call for more details.