Leading Wholesale & Retail Distributor of Bathroom Fixtures
Business Description
A leading wholesale and retail distribution business serving both the domestic and international markets. Its principal business is the sale and distribution of end user fixtures for the domestic residential market. The company imports its entire product line and has exclusive agreements with manufacturers within its contracted territories in Florida. Products are sold in 4 different ways: (a) Direct to consumer via company owned retail stores (retail); (b) Direct to consumer-online (retail); (c) Direct to trade (wholesale) and (d) Direct to consumer via licensed stores. A full management team is in place with a General Manager overseeing the retail stores and the warehouse operation, in house accounting department is utilized as well. The company business model produces a diversification of income stream as well as a depth of management team that allows the business to operate and flourish with or without the owner’s day to day presence. Extensive line of products that are exclusive in the industry making its position in the market place unique. This separates the company from its competitors in design, quality and price. This 20 year old company has enjoyed annual growth and is ready for the fresh leadership of new management. Seller will consider a post-closing non-equity consulting agreement. Comprehensive Offering Memorandum (CIM) with full financials ready for review. All parties to prequalify with BIO, CV, PFS as required by Broker.
About the Business
- Years in Operation
- 20
- Number of Employees
- 16
- Facilities & Assets
- 30k SF warehouse/retail space @ $50,988/mo.
- Market Outlook / Competition
- Unknown
- Opportunities for Growth
- Unlimited
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 30,000
- Rent
- $50,988.00 per month
- Lease Expiration
- 8/31/2030
About the Sale
- Seller Motivation
- Professional objectives met/other business interests
- Transition Support
- Seller will train for 12 weeks
Listing Info
- ID
- 2403377
- Listing Views
- 344
Listing ID: 2403377 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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