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Business For Sale

Building Supply

Not Disclosed, IA, USA

Retail: Hardware Stores, Garden Centers

Asking Price:
Year Established:
Employees:
Listing Number:
$235,000
1950
2
31727370
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$485,412
Not Disclosed
$99,168
Not Disclosed

Business for Sale Overview:

This is a long established full service building supply business the current owners purchased about 6 years ago. They had been a local contractor for many years. When they purchased this business they started by completely remodeling the store, increasing inventory and putting on DIY seminars. The owners would like to slow down and focus on contracting and other interests.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Market Competition and Expansion:

The seller had been local contractors for many years before they bought this business. When they bought the business in 2004, they jumped right in by gutting the store, remodeling and updating it completely. They put a new face on the business in the community, to include free project “classes” and remodeling seminars. Many local contractors felt they had an unfair advantage, so they stopped doing business here, going 15 miles to Corning or 18 miles to Creston. Despite their best efforts, they have not been able to overcome this situation. There are several building projects being started in the area that a new owner could be involved in. There are numerous small contractors that would return their business to a new owner.

Reason for Selling:

There is some local personal animosity towards the

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist 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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Building Supply
Business Listed By:
Brian Henderson
Henderson Business Group, Inc
contact the seller
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