Importer / Distributor Of Kitchen & Lavatory Sinks
Location Ohio,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $2000000
Net Profit / Cash Flow $550000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory 400000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training One month.
Reason for Sale One owner needs cash.
Description This importer/distributo of kitchen & lavatory sinks is postioned for solid growth despite terrific growth so far. Up from $1 million+ in 2005 to over $2 million in 2006 with Ebitda approx. $550,000 in 2006. Competitors prices are 2-8X this companies products. Use foreign national for quality inspecting, etc. Very good quality watched closely. Customers love the low prices and pay by credit card pre shipment, therefore, company has no accounts receivable. One partner needws cash for his real estate development business and needs to sell. Other owner does not have the funds to buy out. Product line could be expaned. Must see operation as owners are very technology savvy as to shipping, order taking, on line advertising, etc. Extremely efficient operation. Small warehouse, but business can be easily relocated. Asking $3.6 million on $550,000+ EBITDA. Current owners believe business could double again in 2007. Great oppportunity to make a huge business. Contact for more information on this Sink Import / Distribution business for sale.
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