Business Overview:
This long established Specialty Hardware and Building Supply business offers distribution, wholesale and retail sales to the trade and consumers through a full service distribution facility, building materials yard and retail hardware store. The company offers specialty items and is highly versatile competing against big-box retailers.
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Property Features and Assets:
This is a very well known and branded name in the upscale metropolitan community. The business successfully operates from two strategic locations. The main location serves customers from a busy retail location and encompasses an entire campus straddling an entire city block including a lumber yard where specialty and rare species of wood are easily accessible to customers who want to inspect each piece as they purchase. The second location is a distribution facility located next to key logistical arteries allowing its fleet of delivery trucks access to major highways.
Market Competition and Expansion:
As big box, do-it-yourself competition has moved into the neighborhood, this old established business has withstood the test of time. The business has continued to grow and never lost money even during the last economic downturn. Due to the vast selection of specialty items, fasteners, special order and brand name products merchandised, the big-box retailers cannot rattle this establishment. The next owner will be able to take advantage of the strategically located distribution center and expand by opening new locations to serve new markets.
Reason for Selling:
Owner Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
Resources: