ASKING PRICE: $725,000
Very successful Manufacturers Rep. with territorial rights from several Plumbing parts manufacturers extending into the five boroughs of NY, Long Island, parts of Northern NYS and Northern NJ. Sells primarily to smaller and medium size wholesalers. Has grown the business despite the recent recessions and its effect on the construction industry.
It should be noted that seller carries approx. $1.3 million of inventory that belongs to the Manufacturers that he Reps and that only approx. $150,000 belongs to seller.
With owner's record of success, one would be more likely to acquire additional mfrs. product lines and thereby create more volume to existing clients and add new ones. Since owner is basically doing most of the selling, adding the right personnel will guarantee additional volume.
FFE: $ 15,000 (Included in Price)
Inventory: $ 150,000
Year Established: 1998
Days & Hours of Operation: 5 days
Employees: 5 Full Time
Absentee Owner: No
Monthly Rent: $ 9,400
Square Footage: 15,000
15,000 sq. ft. of organized and clean warehouse and office space. Lease terms: 5% annual bump.