Business For Sale

Martinsville, VA -Building Supply for Sale

Martinsville, VA
Henry County


Asking Price: Annual Revenue:
$179,980 $22,271

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Martinsville, VA -Building Supply for Sale Broker: Todd Burris

Quick Facts

Asking Price: $179,980
Annual Revenue: $22,271
Net Profit: Not Disclosed
Cash Flow: $4,625
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1946
Employees: 1
BBN Listing #: 340951879
Broker Reference #: ROANOVA001-N273

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Business Overview:

This is a deep-rooted, wholesale building supply business that has been in operation for 71 years and the owner is ready to retire. Set in the foothills of Virginia’s beautiful Blue Ridge Mountains, Henry County is home to major industries, Nascar Racing, and an unsurpassed quality of life. Martinsville-Henry County is undergoing an impressive economic resurgence with global leadership in aerospace, plastics and polymers, metal work, and food processing industries. Martinsville-Henry County is the optimal location for a business to thrive. The business is positioned on 3.1 acres offering 16,000 total Sq. ft under roof. The drive through covered warehouse allows access to the main shop and storage area from both sides of the building. This business is currently functioning below capacity with room for growth and expansion. There is growth potential for a new owner, Increased stock levels, outside sales support, implementation of an aggressive marketing campaign, execution of a robust website and use of the internet. A new owner may wish to remain open 6-7 days a week as opposed to the 5 days a week that the current owner is open for business. A buyer can capitalize on the company’s name, reputation & it’s 71 years of operation in the local community. The owner is willing to stay on between 2 weeks to 4 week to assist with the business transition. The central location allows for easy access to Roanoke, Lynchburg, Greensboro and Winston-Salem NC. The Roanoke Regional Partnership supports business growth in Roanoke City, Salem City, Roanoke County, Franklin, Botetourt, Alleghany Highlands, Covington and the town of Vinton. The Lynchburg Region is home to Amherst, Appomattox, Bedford and Campbell counties. The Lynchburg Regional Business Alliance works with these localities to create a supportive regional business environment. 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 - United Country/Roanoke Realty & Auction located in Roanoke, VA. Contact information: 540-392-2155 or tburris@sunbeltnetwork.com. Our proven track record of uniting buyers with their ideal country properties and offering sellers exposure to a huge and highly qualified pool of buyers of homes, farms, wineries, land, recreational property or other rural property sets us apart from the competition View our website at http://http://www.sunbeltnetwork.com/roanoke-va/. You can also like our Facebook page and receive periodic business listing updates. Our Facebook page is Sunbelt Business Brokers of Roanoke and Lynchburg - 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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