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Rep - Plumbing Parts Manufacturers

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1277000
Net Profit / Cash Flow  $295000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1998
Number of Employees  4 - 5
Inventory  150000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Will provide as necessary.
Reason for Sale  To relinquish entrepreneurial responsibility and work load.

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. Potential Growth: 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 Facilities: 15,000 sq. ft. of organized and clean warehouse and office space. Lease terms: 5% annual bump.

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