Sold
Wholesaler of Luxury Plumbing Supplies
PRICE REDUCED - Opportunity of a lifetime @ 2 times earnings!
This is the opportunity you have been waiting for and should sell very fast!
They have been selling high-end plumbing fixtures wholesale for many years. The business owner is motivated and ready to retire!
Known as the ultimate source for luxury kitchen and bath products. The showroom features many unique, domestic, and European products in a variety of styles, designs, and finishes. They also represent several manufactures on an exclusive basis within Colorado - some of which may be custom, high-end plumbing fixtures.
They sell a variety of high-end cabinet and door hardware, in addition to floor and wall tile.
This business has been pre-qualified by a large SBA preferred lender at a $1.8 Million valuation with the inventory post-COVID. It was temporarily closed for several months due to COVID-19 and is now back to pre-COVID revenue and profits. July's sales were higher than expected, August sales met expectations and were similar to the previous year, and September promises to be a strong month! Current price of business $872,000, plus the inventory which is valued at approximately $500,000. This opportunity is expected to go fast!
They have been selling high-end plumbing fixtures wholesale for many years. The business owner is motivated and ready to retire!
Known as the ultimate source for luxury kitchen and bath products. The showroom features many unique, domestic, and European products in a variety of styles, designs, and finishes. They also represent several manufactures on an exclusive basis within Colorado - some of which may be custom, high-end plumbing fixtures.
They sell a variety of high-end cabinet and door hardware, in addition to floor and wall tile.
This business has been pre-qualified by a large SBA preferred lender at a $1.8 Million valuation with the inventory post-COVID. It was temporarily closed for several months due to COVID-19 and is now back to pre-COVID revenue and profits. July's sales were higher than expected, August sales met expectations and were similar to the previous year, and September promises to be a strong month! Current price of business $872,000, plus the inventory which is valued at approximately $500,000. This opportunity is expected to go fast!
Listed By: Wayne Wright
Background information
Reason selling:
Retirement
Finance
Sales:
Undisclosed
Profits:
Undisclosed
Profit type:
Undisclosed
Operations
Inventory:
Approximately $500,000 in current inventory value
Premises
Location:
Metro Denver Area
Price and terms
Price:
$1,300,000
Financing:
Seller financing available
Training:
The Seller will provide effective training and knowledge in all matters relating to company operations to help ensure a smooth transition