Description of the business for sale
Since 1982 this family owned building material supplier had been smartly managed and expanded to over $5 mm in sales with healthy profit and little bad debts. Owner bought and moved company to current location in 1982; Customers included many ethnic communities’ i.e. American, Spanish, Asian and Middle Eastern communities. Supplies include but not limited to cement products, bricks, tools and iron materials. Well thought out management direction, Loyal customers and loyal employees contributed to their continues strong growth and healthy profit margin. Owner needs to retire.
Current owner was a physicist, investment advisor and a real estate agent; he worked on lunar return trajectories for the Apollo program. In order to leverage his knowledge and management skills, even in a down turn real estate market, he understood the huge potential offered by this building industry. He bought this company from a German couple and build it to the current stage.
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Description of the facilities
Furniture, fixtures, and equipment = 20000
Furniture, fixtures, and equipment included: Y
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