25+ Year Distribution, Service, & Repair Company - $273,000 Cash Flow - SOLD
Location: Greater CincinnatiListing Number: 311032
Financial Information
Asking Price: $795,000Gross Revenues: $1,331,000
Cash Flow: $273,000
Real Estate: Leased space
Business Description
The retirement aged owner of this independent multi - faceted Cincinnati company has over 10,000 product installations in the field. 98% of his material is produced and distributed to him from the leader in this industry. 60% of their business is from referrals and repeat customers. His company serves all of Southwestern Ohio, Northern Kentucky, and Southeastern Indiana. Much growth can be achieved with more internet advertising and pursuing more business from the building trade. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:
SBA loan eligible
No accounts receivable issues
2 Box Trucks included in the sale
All equipment and inventory included
Long time builder and architect relationships
Clean books and records – all numbers are verifiable
Over 45 years of employee experience in the company