$9M Sales Projection Retailer & Construction Supplier! (37850)
Asking Price: | $4,400,000 |
Gross Revenue: | $7,800,000 |
FF&E: | $290,000 |
Established Year: | 2014 |
Cash Flow: | $565,000 |
Inventory: | $1,200,000 |
Real Estate: | $1,350,000 |
Includes Real Estate! Able to rebound sales even during 2020’s pandemic, new projections climb to $10 Million for 2023, more than triple the value of 2017! Situated in the Big Bend region of Florida, retailer offers quality building materials for key fabrications, premium or custom-cut lumber and general hardware, plus slabs, roof, and paint/stains used for mixing. Opened in 2014, company has supplied relevant tools, products, and specific equipment needed for large and small-scale projects to Individual clients (70%) as well as Contractors (30%). Workplace is a prime collection of two buildings and four sheds that total 19,200 square feet and sit on 2.4 acres of land, premises include a retailing facility, a storage room conjoined by one other hut, and three additional sheds. Having recently purchased another 2.25 acres that feature 1,400-sq.ft of office space and a 30'x80' warehouse, property value has increased by $700K! Currently subject to appraisal, the real estate is capable of handling extra capacity, a perfect opportunity for taking business to the next level through expansions in service. Catering to the Residential (75%), Commercial (15%), and Industrial (10%) markets, shop carries over $1 Million in inventory with owner stocking up on brand new truck, fresh material and positioning store for further growth. As Top Ten consumers summed less than 25% of last year’s income, company is minimal with promotive efforts, leaving a potential to maximize on backed referrals from a substantially sized customer base via online media. Experienced personnel of sixteen nonunion employees are most likely to stay post-purchase and continue with daily operations, as Seller facilitates a smooth transition period of six months. Due to high local developments that increased passerby and a new optimized Point of Sale system, grosses ascended 27% this year from $6.1 Million in 2021 while ongoing reviews funneled Revenues to reach to $7,800,000 in 2022 alongside Discretionary Earnings of $565,000!
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