Hardware and Building Supply Store - Southwest ...

Confidential, VA


Asking Price: Annual Revenue:
$8,900,000 $7,007,945

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Hardware and Building Supply Store - Southwest ... Broker: Mike Keen

Quick Facts

Asking Price: $8,900,000
Annual Revenue: $7,007,945
Net Profit: Not Disclosed
Cash Flow: $809,848
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:

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/ 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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