Rural Building Supplies and Hardware-40yr History

Not Disclosed, TX


Asking Price: Annual Revenue:
$4,999,000 $4,364,800

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Rural Building Supplies and Hardware-40yr History Broker: Robert Latham

Quick Facts

Asking Price: $4,999,000
Annual Revenue: $4,364,800
Net Profit: Not Disclosed
Cash Flow: $568,950
Total Debt: Not Disclosed
FF&E: $168,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 605244107
Broker Reference #: 76931-742742

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Business Overview:

This building supplies and hardware store was founded over 40 years ago and is well located in east-central Texas to serve a number of developing communities increasingly in demand by city dwellers seeking a weekend getaway or slower paced lifestyle, yet still less than a 2 hour drive from some of Texas' largest cities. Independently owned, it operates within a nationally branded cooperative enabling it to benefit from its buying power for competitive materials costs, fast delivery and a wide product selection. Over the past 5 years, revenues and profits have been quite steady averaging annual sales of over $4.5MM and total cash flow of over $600k . This is a great opportunity for a regional brand to expand its footprint.

In spite of the pandemic, sales have remained strong at this business! Texas is opening up coming back strong.

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Property Features and Assets:

Owned by one of the shareholders, the property has over 50,000 Square Feet of covered area with approximately 3,000 Square Feet of office and showroom, situated on a 2.9AC tract. Well laid out yard with concrete u-shaped drive for pickups and deliveries.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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