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Businesses For Sale   >>   North Carolina Businesses For Sale Categories   >>   

Home Improvement Center For Sale

Location  North Carolina,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2343000
Net Profit / Cash Flow  $60000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1990
Number of Employees  6 - 9
Inventory  1018600
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Seller will provide up to twenty [20] normal workdays of training and transition support at no cost and would consider assisting a new owner in whatever capacity desired
Reason for Sale  Seller wishes to retire
Description  Seller describes the business as ''a little Lowe's'', but it is not so little! With over 32,000 square feet of displays plus 52,900 square feet of storage and other facilities plus thousands of items in-stock, very few customers walk away empty handed. Of special note are the Appliance Department and the Surplus Doors & Windows portion of the business. Additionally, a full-time home improvement salesman / supervisor quotes, sells and manages the installation of windows, vinyl siding and all types of roofing jobs as well as kitchen and bath remodeling and even full room additions. In 1990, Seller left his corporate job to start a home builder's supply store which has grown to the point that in the fifteen years from 1996 to 2010, there have been only two years of less than $2,000,000 in revenue, with 10 of them in excess of $2,455,000 and 2 of those were in excess of $3,000,000 in revenue.
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