Tupelo Data Room
Building Material & Hardware Stores, Durable Goods
Active

Successful Construction Related Wholesaler

Salt Lake County, Utah, United States
Asking Price$1.50m
Revenue$3.11m
EBITDA-
Cash Flow$219k
Description
The Company is an established sink, stone working tools and supply distributor serving the state of Utah and surrounding areas. The Company primarily sells kitchen and bathroom sinks with the stainless-steel sink comprising close to 30% of annual sales. There is virtually no customer concentration with no one party comprising more than 10% of annual revenue.  In recent years, the Company has made a push into the tools and related supply segment which now comprises about one third of revenue. This segment will continue to be an area of focus for growth.  The asking price for the business is $1.5 million. The asking price reflects the estimated fair market value of inventory, fixed assets, and an allocation to the intangible business structure.  The owners founded the company more than ten years ago and are now seeking retirement through a sale.
Real Estate
Leased
Furniture Fixtures & Equipment
$241k
Inventory
$958kIncluded in Asking Price
Number of EmployeesFull-Time: 7
Year Established
2010
Reason Selling
Retirement.
Facilities & Assets
Leased warehouses in Utah.
Support & Training
Will train for 3 weeks @ $0 cost.
Market & Competition
Minimal competition.
Growth Opportunities
Penetration into existing market. Growth of tools business.
Asking Price$1.50m