Distributor Concrete And Pipe Products
Location Camden County, New Jersey, United States
Asking Price Range $250K - $500K
Gross Revenues $1596708
Net Profit / Cash Flow $202906
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1988
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Owner will transition
Reason for Sale Retirement
Description Distributor for drainage piping, highway casting, concrete products, access hatches and related products wishes to sell his distributorship after 25 years. The products sold are used in a multiple of municipal and commercial projects. Most of the current customers are in Southern New Jersey and Southeastern Pennsylvania. This is a home based business so the new owner can locate the business in his own home or in a commercial space as long as it is in the Delaware Valley. Also, the acquirer should have some knowledge of the construction business. The current owner has agreed to remain active in this niche business for up to one year and has agreed to hold a portion of the purchase price in the form of a Seller Note payable on a mutually acceptable basis in order to transition the business to the new owner.
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