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Kansas Business For Sale |
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| LUMBER YARD & HARDWARE STORE |
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| Attn: Randy L. Browning |
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| Rural, KS, USA |
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| Asking Price: |
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$900,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Hardware Stores, Garden Centers |
| Reason for Selling: |
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Retirement |
| Year Established: |
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1947 |
| # of Employees: |
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9 |
| Yearly Revenues: |
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$820,000 |
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Business for Sale Overview:
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This is primarily a lumber yard/hardware store business located in a small rural Kansas community of about 5000 people but serving a radius area of approximately 30 miles comprised of farms and ranches and smaller towns and villages. The business also has an equipment rental division and a custom construction division (residences and commercial buildings). 61% of Gross income is derived from Building material sales, 20% of Gross Income is from Hardware sales. Income from equipment rental is responsible for less than 1% of Gross Sales. Garden and Misc. Sales account for less than 1% of Gross Sales. Labor and custom order materials account for the remaining 15% of sales. The owner is a widow who acquired the business 35 years ago with her husband. Her husband died 10 years ago and the owners daughter returned home to help her mom run the business. The owner does the books, ordering and general business management with daughter's assistance. There is one FT const. foreman who oversees jobs and estimates const. cost. There is a yardman oversees filling orders and stocking. There is one FT rental person. 1 additional FT man works the yard and const. as needed. There are 3 part time employees who work in the yard and construction.
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Property Features and Assets:
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The building was built in 1947 with 24,000 square feet of space and is included in the purchase price. |
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Market Competition and Expansion:
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There is one other competitor in town who has not been offering the services that this business does. The town of Greensburg, KS was leveled by a tornado and the proximity of this lumber yard to Greensburg should be close enough for them to gain business from the rebuilding efforts there. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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