Seller's Contact Information
- RE: Lumber Company
- Contact: John Kraft
Quick Facts
Asking Price: | $12,075,000 | |
Annual Revenue: | $19,463,905 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $3,687,498 | |
Total Debt: | Not Disclosed | |
FF&E: | $758,742 | |
Real Estate: | $1,075,000 | |
Year Established: | 1979 | |
Employees: | 48 | |
BBN Listing #: | 11774955 | |
Broker Reference #: | 1017-17067 |
Business Overview:
Full-service commercial/retail lumber yard & truss manufacturer serving contractors and builders. The company sells a wide product line including foundation materials, framing lumber, exterior siding, exterior/interior trim, doors, and windows & maintains an on-site door shop to assemble interior/exterior door units. This is "THE" one-stop shop for professional contractors and builders and developers! Profitable Turnkey Business Opportunity for seasoned building contractor/development firm or existing lumber/construction materials distribution company. Located on 4 1/2 acres. Real Estate is included in the selling price.
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Property Features and Assets:
The business is located in a commercial area convenient to the 450,000 plus population in the region in which it is located. There is ample room over the 4 1/2-acre footprint on which this business operates. The main office is housed a 6,000 square foot metal building that fronts a main thoroughfare. The door shop is located in a separate 6,000 square foot concrete block building and the truss shop is located in an 8,000 square foot open pole barn. There are numerous other barns and sheds located on the property to store lumber, windows, exterior and interior doors, exterior and interior trim materials in safe, secure dry locations. Storage capability is important as clients often make orders for large numbers of products at one time. The perimeter of the property is fenced and secure. A full and current property appraisal will be provided to Qualified Buyers which outlines the property and includes photos of the layout of the buildings and grounds. The buildings and land are included in the selling price for this listing. Assets = $2,963,742
Market Competition and Expansion:
The north Florida area where this business is located continues to experience impressive/solid housing start numbers and housing units under plans, permits, and construction. It is anticipated that approximately 900 Single-Family homes, 1,200 apartment units, and two new luxury hotels will be built in the next 2 plus years. Dozens of commercial projects will break ground and begin construction phases later this year and into 2024. A well-known international company has just completed the construction of a major 650,000-square-foot commercial undertaking with a second one planned at the beginning of 2024. More promising projects are on the table 50-plus miles out from this company's headquarters in areas that are growing equally as fast! This business has established a strong, profitable foothold in the local market for lumber sales and related products which the company offers to its clientele. Through reputation, execution, and competitive pricing the business is known as "The Go-To" resource for local area contractors, builders, and developers. Their reliable and consistent operation of sales, truss building, and on-time deliveries separates them from other area competitors. The community in which this business is located is experiencing the strongest and most sustainable building and construction period in recent memory. With the recent construction of the international corporation's 650,000 square foot facility plus the plans for approximately 900 new homes to be built in the next 3 plus years as well as dozens of significant local construction projects, the demand for the products offered by this company has never been stronger...and there has never been such significant potential for continued growth for the foreseeable future. The market demand for this company's future products and services is consistently positive.
Reason for Selling:
Seller retiring.
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
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