For sale is a 35-year-old Northeast region company that manufactures, distributes, and sells building materials for residential and commercial construction throughout the United States. The company sells its products through its website, directly to contractors, architects, and homeowners from its showroom, and through a network of building supply dealers. Customers are ⅔ direct to homeowners and contractors and ⅓ to resellers or dealers. Adjusted EBITDA for 2022 is 18% of gross sales. 2021 saw reduced margins due to higher cost increases in shipping, supplies, labor wages, and a backlog in raw materials. Product prices increased in 2022 to offset these expenses, allowing margins to return to normal.
There are over 30 W-2 employees with key employees in place; experienced managers in sales, operations, and administration of the business. The new owner should have business knowledge and experience, but no technical skills or professional licenses are needed.
This business has received SBA pre-qualification for an eligible buyer.
This listing requires seller approval for the CIM. We appreciate your patience as we receive approval and we will send you the CIM as soon as possible.