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Business For Sale
HARDWARE AND LUMBER HOME CENTER
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Asking Price: |
$1,860,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Hardware Stores, Garden Centers
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Reason for Selling:
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Retirement |
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Year Established:
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1950 |
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# of Employees:
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12 |
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Yearly Revenues:
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$3,076,000 |
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Yearly Cash Flow:
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$180,000 |
Business for Sale Overview:
This retail lumber, hardware, and building material supplier was established over 50 years ago. The business is very well known in the market with a great reputation. There are 12 full time employees each with many years experience. The customer mix is 65% professional, 30% do-it-yourself, and 5% area factories. The asking price includes inventory valued at $680,000, equipment valued at $740,000, and real estate valued at $440,000. The owner is retiring.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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