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.
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.
Relevant Links: