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Apr 28, 2018A fine company, long and well established selling to the local trade and to a vast online market. Not reliant on building starts, product lines are geared to residential and commercial maintenance and repair projects including tools, roofing supplies, paint, waterproofing, hardware, fasteners, safety products, etc, etc. Sales have been onward and upward for years -- up 21% last year and are up again in 2018 with attractive earnings for the owner. The business operates from a 10,000 s/f building but is moving to a larger and better-located facility to accommodate efficiency and growth. And, the company's procurement and fulfillment systems and software are the latest and impressive. They have developed and implemented a strong online sales system and the know-how to run it. The growth should continue. Indicators are the best they've been in a decade due to pent-up demand, infrastructure needs, a hot housing market, and a robust economy.

The seller is retirement age and looking forward to a traditional sale and exit after a reasonable transition to get the new owner comfortable. We are seeking a strategic buyer or perhaps an equity firm with a compatible distribution company among its holdings that will take a look and make a strong offer.

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