Listing ID: 200769

Location: Wilmington, NC


Asking Price
$980,000
SDE
$280,000

Gross Revenue
Year Established
Number of Employees
Inventory

$1,600,000
2001
2
$90,000

EBITDA
FF&E
Real Estate

N/A
$40,000
N/A

Business Description

This is a very well established retailer of high-end construction material that serves mostly architects and contractors who are looking for top-quality material for commercial and residential construction. _x000D__x000D_
_x000D__x000D_
Lots of recurring clients in and around Wilmington. No GC license or specific experience in construction required to operate this business. Seller will train buyer to acquire the needed procurement know-how and to successfully continue all vendor and customer relations. _x000D__x000D_
_x000D__x000D_
Possibility to employ an operations manager and either run the business absentee-owner or focus on business development and expand the client base and the geographic footprint._x000D__x000D_
_x000D__x000D_
Growth potential also through marketing or employing outside sales staff. Currently no marketing or sales efforts are made, all business is by word of mouth or recognition._x000D__x000D_
_x000D__x000D_
The success of this business is not tied to the current construction boom since the product portfolio targets primarily high net worth customers. _x000D__x000D_
_x000D__x000D_
2021 Q1 Revenue: $550,000_x000D__x000D_
_x000D__x000D_
*Images are stock photos and do not reflect the actual business or product line.

Additional Information
Reason for Selling

Retirement

Support & Training

The current owner is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners.

Market & Competition

Very limited competition. Market is continuously growing.

Growth & Expansion

The current owner does not do any advertising or marketing, lots of room to grow business with marketing efforts, hiring sales staff or expanding the service area.

Contact Listing Advisor




Listing ID:
200769

Location
Wilmington, NC

Asking Price
$980,000

SDE
$280,000

Gross Revenue
$1,600,000

Year Established
2001

Number of Employees
2

FF&E
$40,000

Inventory
$90,000

Real Estate
N/A

Business Description


This is a very well established retailer of high-end construction material that serves mostly architects and contractors who are looking for top-quality material for commercial and residential construction. _x000D__x000D_
_x000D__x000D_
Lots of recurring clients in and around Wilmington. No GC license or specific experience in construction required to operate this business. Seller will train buyer to acquire the needed procurement know-how and to successfully continue all vendor and customer relations. _x000D__x000D_
_x000D__x000D_
Possibility to employ an operations manager and either run the business absentee-owner or focus on business development and expand the client base and the geographic footprint._x000D__x000D_
_x000D__x000D_
Growth potential also through marketing or employing outside sales staff. Currently no marketing or sales efforts are made, all business is by word of mouth or recognition._x000D__x000D_
_x000D__x000D_
The success of this business is not tied to the current construction boom since the product portfolio targets primarily high net worth customers. _x000D__x000D_
_x000D__x000D_
2021 Q1 Revenue: $550,000_x000D__x000D_
_x000D__x000D_
*Images are stock photos and do not reflect the actual business or product line.


Additional Information
Reason for Selling

Retirement

Support & Training

The current owner is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners.

Market & Competition

Very limited competition. Market is continuously growing.

Growth & Expansion

The current owner does not do any advertising or marketing, lots of room to grow business with marketing efforts, hiring sales staff or expanding the service area.





https://bristolgrouponline.com/listing/564577/
Asking Price
$980,000

SDE
$280,000

Gross Rev.
$1,600,000

Location
Wilmington, NC

Business Description

This is a very well established retailer of high-end construction material that serves mostly architects and contractors who are looking for top-quality material for commercial and residential construction. _x000D__x000D_
_x000D__x000D_
Lots of recurring clients in and around Wilmington. No GC license or specific experience in construction required to operate this business. Seller will train buyer to acquire the needed procurement know-how and to successfully continue all vendor and customer relations. _x000D__x000D_
_x000D__x000D_
Possibility to employ an operations manager and either run the business absentee-owner or focus on business development and expand the client base and the geographic footprint._x000D__x000D_
_x000D__x000D_
Growth potential also through marketing or employing outside sales staff. Currently no marketing or sales efforts are made, all business is by word of mouth or recognition._x000D__x000D_
_x000D__x000D_
The success of this business is not tied to the current construction boom since the product portfolio targets primarily high net worth customers. _x000D__x000D_
_x000D__x000D_
2021 Q1 Revenue: $550,000_x000D__x000D_
_x000D__x000D_
*Images are stock photos and do not reflect the actual business or product line.

Detailed Information
Internal ID
200769

Number of Employees
2

Year Established
2001

FF&E
$40,000

Inventory
$90,000

Real Estate
N/A

Additional Information
Reason for Selling

Retirement

Support & Training

The current owner is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners.

Market & Competition

Very limited competition. Market is continuously growing.

Growth & Expansion

The current owner does not do any advertising or marketing, lots of room to grow business with marketing efforts, hiring sales staff or expanding the service area.