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/
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To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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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