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; 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.

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Reason for Selling:


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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