Established Manistee County Lumber & Supply Co

Not Disclosed, MI
Manistee County


Asking Price: Annual Revenue:
$990,000 $1,273,715

Wholesale/Distribution: Durable Goods


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RE: Established Manistee County Lumber & Supply Co Broker: Bill Malek
Owner Financing is Available!
Financing with a large down payment and good credit.

Quick Facts

Asking Price: $990,000
Annual Revenue: $1,273,715
Net Profit: $54,750
Cash Flow: $71,000
Total Debt: $160,000
FF&E: $224,736
Real Estate: $797,000
Year Established: 1920
Employees: 5
BBN Listing #: 334356932
Broker Reference #: 200512

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Business Overview:

This Lumber Yard and Building Supply Company is a member of two nationally known buying groups that offers brand name building supplies including Aristocraft and Medallion Cabinetry, Anderson Windows.

Manistee County Lumber & Supply Company supplies materials contractors and residents within Manistee and Benzie Counties. The service area includes Frankfort, Manistee, Bear Lake, Onekama, Gilroy’s, Arcadia, Benzonia, Irons to the south, and points in-between. Manistee County Lumber & Supply Company customers make up two-thirds of contractors to a one-third DIY customer ratio.

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Property Features and Assets:

Included in the sale is Retail space of 5,500 square feet and one storage building 11,000 square feet plus partially enclosed storage, all inventory $407,000 at cost, all equipment and fixtures plus the stock in the two buying groups.

Market Competition and Expansion:

This Lumber Yard and Building Supply Company is a member of two nationally known buying groups that offers brand name building supplies including Aristocraft and Medallion Cabinetry, Anderson Windows. Manistee County Lumber & Supply Company supplies materials contractors and residents within Manistee and Benzie Counties. The service area includes Frankfort, Manistee, Bear Lake, Onekama, Gilroy’s, Arcadia, Benzonia, Irons to the south, and points in-between. Manistee County Lumber & Supply Company customers make up two-thirds of contractors to a one-third DIY customer ratio.

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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