Niche Wholesale Mason Supply - Est. 96 yrs.
Bronx County, NY

Financing: $375,000.00 Down and $350K over 5 yrs. @ 10% (a pg shall be required)

Reason for Selling:Retirement.

Niche Wholesale Mason Supply - Est. 96 yrs. **Price Reduced** This is a very unique mason supply company specializing in the salvaging of certain types of stone, block and brick in addition to a complete line of new regular stones and blocks. This a third-generation business originally established in 1925. They are centrally located in the New York Metro area with virtually no competitors in this specific niche. They primarily service the NY Metro area and tri-state. The current owner only works 4 days per week and takes off 3 months per year. He is looking to spend more time golfing. The hours of operation are only M-F 7am-1pm. In the past pandemic year the business grossed approx. $1,300,000.00 (70% resale of recycled material and 30% new material) with an owner’s cash flow of approx. $400,000.00. The sale price includes all furniture, fixtures and equipment including 3 forklifts and a Caterpillar. The owner is the first to admit that he does very little to grow the business. There have virtually no online presence. The great value is the 96 years of goodwill, stellar industry reputation and customer base that has been built. There are many avenues to expand, starting with working 5-6 days per week, expanding lines of product and services offered. With the construction industry booming right now, the upside is tremendous. The business may be relocated as well. We are seeking a serious and financially qualified buyer with some mason supply or construction industry experience and at least $475K in liquid funds to cover the down payment of $375k and approx. $100K in inventory. Proof of funds will be requested prior to any seller meetings or phone calls. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! There are 2 lots of property associated with the business, zoned M-1 Industrial, that are also available for sale through Mel Vaz and PMTG Realty Group. Lot A - $2.8 mil and Lot B - $1.7 mil.

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