Business 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 7M in sales and a cash flow of $809K. The store sells farm, garden, building and hardware materials and is located near Smith Mountain Lake, a desirable, growing community. Independently owned, with national branded cooperative which enables more benefit in buying power, competitive materials cost, fast delivery and a wide product selection. They have been operating in the same location for nearly 50 years.
Despite COVID-19, this business has remained strong in Southwest Virginia.
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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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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