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Door Hardware Importer & Retail Distributor

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $300000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1998
Number of Employees  1 - 3
Inventory  125000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks at 20 hours per week
Reason for Sale  Retirement
Description  Established for 15 years, this reputable door hardware distribution company has incredibly made it through the Great Recession and is now striding towards the gradually rising market. It consists of import and wholesale, with its factories based in eastern China. Combined with relatively low-cost manufacturing and a worldwide saturation of an American-based company and E-commerce power, it is a top selling hardware company throughout the U.S. Its products include: handle sets, knobs, levers and dead bolts for residential and light commercial applications, electronic handle sets for the high quality hotel/motel industry. Along with marketing a line of high-end decorative hardware, all products bear an exclusive brand which has been successfully holding a good name in the industry, winning a long-standing retailer customer base. The company has a 4,000 SQ FT warehouse which houses its substantial stocks. It also provides delivery and drop-off service in cooperation with a mailing company. The location is a half year away from the expiration of the lease. A new lease can be obtained or the business could be relocated. The owner is retiring and that is the reason for sale. This sale includes an exclusive manufacturing resource and distribution line, as well as high-end branded inventory, valued at $120,000. With its competitive advantage and excellent potential for expansion, this is a great opportunity for anyone. For more information, please contact Li at her cell (626) 506-0300 or offc (626) 395-0717.
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