Building Materials And Lumber Retail Store.

Business Overview:

TYPE OF BUSINESS: A building materials and lumber retail store. The current owner has been selling quality building materials and assorted lumber to the surrounding area for over six years. The company is a contractor/homeowner supply business.

They provide everything the contractor/homeowner needs, such as professional design & drafting, decking, cabinetry, windows, doors, millwork, roofing, and assorted tools available for sale and rent, to name a few. They work with approximately 40 major vendors every week and another 40 minor vendors 10 -20 times a year. The owner is willing to stay on staff for some time to ensure a smooth transition.

The hours of the operation are 7:30 a.m. – 4:30 p.m. Monday – Friday.

FACILITY: The first building is a two-story, 11,200 sq. ft. showroom and office. The second building is 3,600 square feet for lumber storage, the third building is 4,508 square feet for lumber storage, the fourth building is 6,840 square feet for lumber storage, the fifth building is a two-story 7,076 square feet for doors, windows, and tools storage, sixth building 5,200 square feet for warehouse and loading dock. The seventh, eighth, and ninth building has 9,820 sq. ft of open storage. The property is serviced by private water and sewer.

EMPLOYEES: Owner part-time operator with a full-time store manager and 4 full-time staff.

GROSS SALES/CASH FLOW:The gross sales for 2023 were $1,382,079, cash flow was approx. $80,355. 2022 gross sales were $2,061,952, 2021 gross sales were $2,051,618.

ASKING PRICE: The asking price for the business is $111,000. This includes equipment, furniture, and fixtures, which are estimated to be worth $152,850. Inventory, valued at approximately $250,000, is not included. The asking price for the buildings and property is $999,000.

REASON FOR SALE: Retirement.

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Property Features and Assets:

FACILITY:The first building is a two-story, 11,200 square feet showroom and office. The second building is 3,600 square feet for lumber storage, the third building is 4,508 square feet for lumber storage, the fourth building is 6,840 square feet for lumber storage, the fifth building is a two-story 7,076 square feet for doors, windows, and tools storage, sixth building 5,200 square feet for warehouse and loading dock. The seventh, eighth, and ninth building has a total of 9,820 square feet of open storage. The property is serviced by private water and sewer.

Reason for Selling:

Additional Details:

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