Listing Number: 91183-350596
Highly motivated sellers seeking LOIs by April 8, 2022.
Established in 2006, this building materials distributor is owned and operated by two long-time friends who combined efforts to serve the booming population and housing development growth in the Seattle-Tacoma area. After 16 years of serving commercial and residential clients, it is time for the next owner to enjoy this lucrative business and the local market’s continued demand for housing.
This wholesaler has a seasoned team dedicated to serving long-term developer clients with design, order-to-spec and coordinating logistics with the clients’ contractors. The company operates a second business unit that focuses on sales and installation for high-end homes throughout the area.
This company has earned its reputation for its deep knowledge and expertise in the windows and door solutions industry. Many authorized brands that this company represents refer commercial and retail clients to this company’s well-appointed showroom for product information and consultation.
Due to recent supply chain disruptions, the company ended 2021 with 4-5 months worth of backlogged orders. Since purchase orders are typically custom-designed and ordered from the factory, lead times are common but typically only 3-4 weeks. By end of Feb 2022, the company already exceeded $1.3MM in sales.
The property, building and showroom are all in impeccable shape. There is plenty of capacity for future growth. The current business owners also own the property and intend to keep the building but they are open to offers.
- Price: $ 4,250,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 1,094,000
- Total Sales: $ 4,282,000
- Location: Pierce County, Washington
- Inventory: $ 75,000
- FF&E: $ 300,000
- Employees: 7
- Reason for Selling: Retirement
- Category: Construction