Lumber And Building Materials; Retail Store

Business Overview:

TYPE OF BUSINESS: Lumber and building materials retail store. The current owner has been selling quality lumber and building materials to the surrounding area for over a decade. The company is a contractor/homeowner supply business with a sales breakdown of 65% contractors, 25% homeowners, and 10% DIY projects.

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.

FACILITY: Multiple buildings total 15,288 square feet of warehouse, showroom, and office. The property is serviced by private water and sewer.

EMPLOYEES: Owner-operator with a full-time store manager (10 + years), and 8 full-time staff. Most employees have been with the company for several years.

GROSS SALES/CASH FLOW: Very Profitable! 2024 sales through September are over $500,000 from 2023 sales during the same time period! Ask for more details. 

ASKING PRICE: The asking price for the business is $995,000. This includes equipment, furniture, and fixtures, estimated to be worth $320,000. Inventory, valued at approximately $300,000, is not included. The asking price for the buildings and 4 acres of property is $1,450,000. Bank financing for the business and buildings is available to a qualified buyer.

REASON FOR SALE: Retirement.

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Property Features and Assets:

Multiple buildings total 15,288 sq. ft. of warehouse, showroom, and office space. The property is serviced by private water and sewer. The buildings and property are for sale as well. The asking price is $1,450,000.

Reason for Selling:

Additional Details:

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