Last Revised: 11/22/19. Posting #: 10249179
Key Words: equipment, equipment supplier, supplier, construction, construction equipment, new york
Financial Info: Asking Price: $3,495,000. Revenue: $10,348,424. SDE: $997,244. EBITDA: $897,244. Accounts Receivable: $2,254,000. Inventory: $2,000,000 (Inventory and AR are not included in the asking price). 18 Employees. Real Estate is Leased. 21,500 sq. ft. Office/Warehouse/Storefront. Lease: $29,378 monthly.
Profile: Long standing distributor of construction equipment and materials with an emphasis on concrete, masonry and civil contractors. Company stocks high quality, major brand-name equipment, most popular throughout all the construction trades. They service the equipment that they supply, which helps them stand out in the industry.
This business has a gold standard reputation in the marketplace. They have grown organically over the years by acquiring new and growing accounts, in addition to expanding the product mix for existing accounts. Exceptional purchasing and sourcing have helped to consistently increase their market penetration. Some exclusive product offerings have helped distinguish their brand. They have a loyal and steady long-term customer base.
This company currently services the New York City, Long Island, Westchester, Putnam County, Southeast Fairfield County and Northeast NJ areas. Their facilities are strategically located with excellent access to the greater NYC area and major highways.
Business has good books and records with verifiable financial statements. The company has great growth potential, with the addition of e-commerce, expanding the sales force and opening new locations. The company can be relocated to allow expansion of warehouse and service area. Training and support provided by owner.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Steve brings to his clients a wide-ranging business background with a focus on providing the highest level of customer satisfaction. Steve’s experience includes work in mergers and acquisitions, as well as small business brokerage, finance, business development and sales and account management.
Key Words: steve zimmerman, transworld, transworld business advisors, business broker, roofing, contractor, tour, restaurant, fitness, logistics, warren, morris, bergen, union, hudson, middlesex
Profile: Anthony is a CPA, Certified Merger & Acquisition Advisor (CMAA) and is the founder of The NYBB Group, LLC. (New York Business Brokerage (2003) and NYBB Commercial Real Estate, Inc.). Anthony has a history as an entrepreneur having owned and operated several companies over the past 40 years.
Key Words: anthony citrolo, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, daycare, pre school, furniture, equipment, direct mail, remodel, kitchen, bath, design, evaluation, hvac, painting, commercial painting, renovation, nassau, new york city
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Key Words: david richman, richman business brokers, business broker, business intermediary, valuation, business valuation, consultant, fitness, manufacturing, machine, appliance, pet containment, pet, pets, locksmith, locks, cleaning, detailing, grocery, entertainment, family entertainment, metal, sheet metal, manufacturing, drilling, new haven, litchfield, farmington valley, hartford,
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Profile: When selling your business, it is important to remember that over 80 percent of businesses that go to market never sell. In order to avoid becoming a part of that discouraging statistic, you must revisit these 5 important questions to ensure your business is set up and prepared to sell.
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Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
Key Words: landlord, landlords, lease, leases, leasing