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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Plumbing & Hvac Products Manufacturer / Distributor For Sale

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $3000000
Net Profit / Cash Flow  $400000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1965
Number of Employees  10 - 19
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Owner wishes to retire.
Description  Sale/Turnaround Management Opportunity: MFR's REP OF PLUMBING & HVAC PRODUCTS. An established regional manufacturer's representative organization that also sells wholesale from inventory to the local marketplace it serves a major metropolitan area in the northeastern United States. Customers are primarily contractors, builders and property owners in the commercial and industrial real estate sectors. The Company represents numerous leading OEM brands and has several skilled technical employees offering engineering support for project designs and specifications and product procurement. Approximately 2/3 of the Company's revenues are from its own warehouse distribution and 1/3 of revenue is derived from sales commissions it earns as a manufacturer's representative. The owner wishes to sell to a hands-on operator/investor or strategic acquirer in a nearby location in order to transition out of their day-to-day operational role in the business. The business experienced a downturn in the last year due to the recession and corresponding slowdown in local construction activity and also faced numerous unrelated internal issues related to the individual owners. An ideal acquirer would be able to add some working capital and provide the management and resources to implement a turnaround. Current management could remain involved with the business during a transitional period. Contact for more information on this plumbing & HVAC products manufacturer / distributor for sale.
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