Water Pump and Supplies Distribution with Real Estate! (17865)
Business Description
This unique water system product wholesaler operates successfully from warehouse-based headquarters in Binghamton, New York. The company is a profitable wholesale supplier of water pumps, fittings, valves, electrical equipment, water treatment products, tanks, and more. The Company’s primary sales consist of wholesale water pumps, fittings, tanks, electrical wiring, valves, and controls. There are numerous major reputable brands carried by this organization including Amtrol, Franklin Electric, Simmons, Flint & Walling, and more. Operations are headquartered in a centrally located, warehouse-based location, totaling 9,000 square feet. Included in the space is 400 square feet of office space and 6,600 square feet used for showroom, warehouse, and inventory storage. The facility is leased to the business from the ownership and is included in the offering. The owner of the company currently provides sales support, inventory management and general oversight. The customer base consists primarily of wholesale relationships with plumbing companies as well as Well-Drilling and pump installation firms. Significant opportunities are presented through territory-based distribution and e-commerce development. Territory includes a 2-hour radius surrounding the location. With its wide range of products, the Company’s marketing efforts focus on targeting repeat business utilizing direct sales, in-person sales and its website. 2024 is in line with 2023’s Revenue that was $1.76 Million, with Discretionary Earnings of $308,881.
About the Business
- Years in Operation
- 63
- Employees
- 3
- Facilities & Assets
- Property is included in the Asking Price.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 9,000
About the Sale
- Seller Motivation
- Approaching retirement and/or pursuing other interests.
- Transition Support
- Owner Transition Period of 12 months.
- Financing Options
- Negotiable up to 20% for the right buyer.
Listing Info
- ID
- 2032732
- Listing Views
- 2613
Listing ID: 2032732 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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