Business For Sale Listing 152946
Cabinet Distributor-Turnaround Hi Reput Easy Fixup
Status as of Dec-1-2008 at 06:00 PM: Active
Business Summary
This is a highly unique opportunity. Business has been one of the top cabinet distributors in their markets for many years with an outstanding reputation; business generates 45-52% gross margins, but has too high overhead costs in labor and admin costs. This is easily rectified. Companies in same market segment produce 14-18% EBITDA, as should this company, but present owner is not the person who will make the needed changes; Good Mgt team; The company has very little bank debt (only $ 650K LOC) and all other debt is nontraditional financing with a 3rd party, which provide an excellent opportunity with a savy buyer who has the knowledge & expertise in fixing minor issues or in turnarounds. This is a wonderful opportunity due to the company's market share, reputation & top notch customer list. Too many positive attributes to mention here. Lots of ways to structure a win-win deal with the right buyer. No asking price; owner is receptive to reasonable offers & deal structures. principals only please
Categories
| Industry: |
Wholesale Distributors For Sale Other Wholesale Businesses For Sale |
|---|---|
| Location: |
Southeast States Businesses For Sale United States Businesses For Sale |
| Other: |
Middle Market Businesses For Sale |
Industry
| Sector: | Wholesale Trade |
|---|---|
| Industry: | Other Wholesale Trade |
Location
| Classification: | United States // Southeast States |
|---|---|
| Location: | Carolinas |
Financials
| Sales: | Between $5 Million And $10 Million (8,000,000) |
|---|---|
| Profits: | Between $100 Thousand and $500 Thousand (300,000) |
| Profit Type: | Not Disclosed |
| Asking Price: | Not Disclosed |
