Hardware And Lumber Yard Stores With Real Estate
Not Disclosed, NY Not Disclosed
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- RE: Hardware And Lumber Yard Stores With Real Estate
- Contact: Bo Prybyla
Quick Facts
| Asking Price: | $1,950,000 | |
| Annual Revenue: | $3,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $350,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $70,000 | |
| Real Estate: | $1,150,000 | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 997547 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Business Highlights: After over 20 years of running this business, the seller is ready to retire. With several locations in Central NY serving the local contracting trades, farmers and homeowners. Product lines include Building Supplies (millwork, cabinets, decking, lumber, drywall, etc.) plus hardware (with a national affiliation), paint and other associated product lines.
The current owner operates in a semi-absentee ownership capacity, managing the multiple locations. Each location is fully staffed with day-to-day management.
Requirements: Hardware Store, Lumber Yards, Retail Store Management is preferred but not necessary. The current owner will offer a reasonable long-term transition.
Transition: 30 calendar days included in the sale price; additional days can be negotiated.
Inventory: Inventory estimated value @ $525,000 and fluctuates daily – included in asking price.
FF&E: POS, Registers, Racking and Store fixtures, Build Out - $70,000 included in the sale price.
Facilities: Owner-owned and occupied valued at $1,150,000 - consisting of over 3.1 Acres and Buildings consisting of over 52,000 SQFT – 20,000 SQFT is retail SQFT – included in the sale price
Financing: TBD – SBA Financing Available for Qualified Buyer.
Contact the Seller:
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Market Competition and Expansion:
A new owner could easily expand the business by pursuing a larger geography - outside sales, etc. The local client base is steady due to the location and convenience of the store locations.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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