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Hardware Store: Retail Lumber & Building Supplies For Sale
Location Virginia,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $5000000
Net Profit / Cash Flow $517000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 20 - 34
Inventory 933000
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Training Owner will stay on for a smooth transition and if new owner wants, will stay longer in a consultative position. Key employees will most likely stay on after the sale.
Reason for Sale Approaching retirement
Description This retail building supply business was founded by the current owner in 1999 and has been serving their regional area with pride and a great reputation ever since. After years of hard work and loyal customers, the current owners are ready to retire. This Virginia based company offers a new owner growing sales, expanding customer base and an excellent location just to mention a few. This business for sale maintains an extensive base of accounts in their city and surrounding communities. This is a fantastic opportunity to buy and own a solid cash flow business that is located in a high traffic location.
This fine building supply business services contractors, residential home owners, business owners, schools and manufacturers. They can deliver supplies to a 50 to 100 mile radius! Name, reputation, profitability, established patronage, and priced to sell make this offering a sound venture. This Virginia based business for sale takes pride in their work and it shows in the way the store is maintained as well as the quality service that continues to bring customers in again and again.
The gross percentages towards the primary business activities are as follows: lumber and building supplies are 60%, paint & brushes, hardware, mulch, stone & gravel, and plumbing supplies and misc are 10% each.
Inventory, equipment, vehicles are included in the sale.
The main building is 15,000 sq ft located on 3+acres of land. The retail & shop areas are 7500 sq ft each with small office. There is a separate building in front that is 1200 sq ft. A newer storage area of 1200 sq ft and a place for storage of lumber, sheet rock and etc is 12,000 sq ft. A 135 ft long, 20 ft tall lumber rack is also a recent addition. Property with option to purchase at $2 Million.
To expand and increase profits, a new owner could add lawn care products, plants, storage buildings for retail sale. Also, a new owner could easily expand business hours.
Contact Jason 972-331-6578
Click Here To Contact Seller
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