50 y.o. Hardware & Building Supply Business in ...

Confidential, VA


Asking Price: Annual Revenue:
$7,500,000 $8,820,482

Retail: Hardware, Bldg. Materials, Garden Center


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RE: 50 y.o. Hardware & Building Supply Business in ... Broker: Mike Keen

Quick Facts

Asking Price: $7,500,000
Annual Revenue: $8,820,482
Net Profit: Not Disclosed
Cash Flow: $1,122,470
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1973
Employees: 40
BBN Listing #: 374438952
Broker Reference #: ROANOVA001-N355

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Business Overview:

Overview Established in 1973, this Building Supplies and Hardware Store has $2.5M in inventory, 15.344 +/- acres, 40+ employees and has had year over year growth for the last several years. This year has been a record year with over 8M in sales and a cash flow of over $1M. Strengths No competitors within 20 miles Located near Smith Mountain Lake, a desirable and growing lake community 48 years in the same location Real estate is included in the purchase 40+ trained employees Year over year growth for several years 7M record growth in 2019 8M record growth in 2020 Name recognition and highly reputable Independently owned with national branded cooperative which provides: More benefit in buying power Competitive materials cost Fast delivery Wide product selection Perfect Opportunity For: Strategic buyer interested in growth via acquisition Wealthy buyer seeking a profitable and high cash-flowing business CEO interested in an entrepreneurial shift For more information on this listing, please contact: Mike Keen, CFE, CMSBB. Broker / Realtor at: Cell (540) 281-3701 | Office (540) 777-1585 Ext. 1001 or email at mkeen@sunbeltnetwork.com For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg at (540) 777-1585 located at 2947 Peters Creek Rd. Roanoke, VA. Visit our company website at: https://www.sunbeltnetwork.com/roanoke-va/ You can also visit and like our Facebook page and receive periodic business listing updates at: https://www.facebook.com/sunbeltbusinessbrokersroanoke/

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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