**This is a rare opportunity to acquire a distribution / servicebusiness that is scratching 3.3mm in annual sales but has the capacity and infrastructure to grow to 10-15mm with young blood. The tools are all in place to build a much larger business. Unfortunate tragedy and retirement and his age and health issues bring on retirement. He is motivated and the business/property has been aggressively priced.
**The company has a retail division, an internet division, and a service division. This company sells power tools, hand tools, machinery, Skil saws, table saws, cordless tools, tool bags, the company has over 400,000 skus of inventory between parts and tools.
** The company is an authorized warranty repair center for 12 MAJOR manufactureres
**The company is an authorized warranty replacement service center for well over 93 national brands
**Current Owner utilizes ZERO Marketing efforts
**The building is a well maintained block building in a highly desirable industrial park.
**The business distributes online and retail construction industry products and is recognized as a Gold Star Distribution Center for many national brand tools Windows Roofing & building tools and materials. Presently, direct sales are the majority of the business. Current in store sales are about 75% and online is about 25%. Any experienced Amazon or Ebay reseller can take the online sales to Limitless numbers. The 13000 square-foot Warehouse is Capable of pushing out 10 million dollars a year in sales. The systems are there all ready. The inventory is here already all that's required is the know-how and some young blood.
**The building is a 1 story block building with a 3000 sq mezzanine showroom space. 13,500 square foot ), located on an 1 acre plot. The building has 17,000 + square feet of usable space (13,500 square feet on ground level, a 3,000 square foot loft & 650 square feet of office space), with adequate parking in front and rear (24 spaces) of the building and a full loading dock to receive merchandise.
**Total Sales: $3,363,000
**Cash Flow: $330,000
**Asking price $595,000 or best offer. PLUS Building 2.4mm + Inventory 1.2mm= 4.1mm or Best Offer
** Seller will hold a note on Property ONLY
Training & Support:
Seller will remain for a sufficient period to transition business. 6+ months
CALL BROKER 516-779-8900 Henry Galasso