Commercial & Industrial Hardware Store
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $5800000
Net Profit / Cash Flow $843000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1900
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Yes.
Reason for Sale Retirement.
Description The Company is a commercial and industrial hardware store for sale. The Company focuses on supplying maintenance and repair items to a large customer base, which consists of commercial businesses, city and government departments, and professional contractors. While the Company is open to the public, approximately 95% of sales are to businesses and professionals, with the remainder to individual homeowners. The Company is a member of a large hardware cooperative organization.
- Growing sales (7.4% compounded annually from 2005 - 2008) and increasing profitability (EBITDA has increased from 4.6% to 14.6% of sales over the last 4 years)
- Superior name recognition and reputation - 100+ years of providing quality products and superior customer support
- 90% repeat business annually generated from a diversified base of strong, long-standing clients
- Experienced staff available to remain with new ownership
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