-
$4,975,000
Offered at
-
$9,402,084
Revenue
-
$1,094,480
Discretionary Earnings
-
$932,800
Down Payment
-
Yes
SBA Financing
Exceptional construction materials distributor with $9.4 million in sales, $1.1 million DE, solid financials, and established for over 30 years is available for acquisition. The company is located in Southern California and serves the greater Southern California area.
The company carries a wide range of construction materials inventory ranging from windows & doors to lumber, specialized moldings, and hardware. The company’s primary customers are contractors and is open to the public. The company has a showroom, will-call window for contractors, and offers delivery.
The company has 17 employees including an Operations Manager, Purchasing Manager, Office Manager, sales, warehouse & delivery staff.
The company does not offer installation services and thus a contractor license is not required to own and operate this business.
SBA financing is available.
The company financial statements and tax returns are well prepared with excellent documentation for expenses and add-backs.
Summary:
- Offered at $4,975,000 + inventory and A/R
- $9.4 million projected sales FY 2023 (ending 9/30)
- $1.1 million Discretionary Earnings projected FY 2023 (ending 9/30)
- $944,480 Projected EBITDA FY 2023 (ending 9/30)
- $932,800 Down w/SBA Financing
- 17 employees, including Operations Mgr, Purchasing Mgr, Office Mgr, sales, and warehouse-drivers
- 3 delivery trucks
Buyer Skills and Requirements:
The owner is actively running this business and the buyer will have to be willing and capable of learning to run the business. This is not an absentee-owned business and the buyer will have to actively manage and run the business.
The buyer should be familiar with business financial statements, managing inventory, and be prepared to be a hands-on small business owner.
The Seller will provide training for 4 weeks/40 hours per week and in addition, will provide limited consulting as negotiated after the initial training period.
Reason for Selling:
The owner is retiring after owning and operating the business for over 30 years.
Inquiries from principals only
Financial Summary
| Summary | 2020 | 2021 | 2022 | 2023 |
| Revenue | $7,754,715 | $10,488,418 | $9,962,708 | $9,402,084 |
| Cost of Goods Sold | $5,236,018 | $6,933,487 | $6,924,225 | $6,394,153 |
| Gross Margin | $2,547,710 | $3,587,448 | $3,065,270 | $3,007,931 |
| Operating Expenses | $2,547,729 | $3,586,218 | $3,065,270 | $2,541,884 |
| Net Profit | -$19 | $1,230 | $0 | $466,047 |
| EBITDA | $679,275 | $1,606,323 | $1,113,781 | $944,480 |
| Owners Benefits | $829,294 | $1,755,093 | $1,263,781 | $628,433 |
| Discretionary Earnings | $829,275 | $1,756,323 | $1,263,781 | $1,094,480 |