Business For Sale

MULTI LOCATION HOME IMPROVEMENT RETAILER, Indep...

East, MI


Asking Price: Annual Revenue:
$2,725,000 $6,947,228

Miscellaneous: Non-classifiable


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RE: MULTI LOCATION HOME IMPROVEMENT RETAILER, Indep... Broker: Rick Elliott
Owner Financing is Available!

Quick Facts

Asking Price: $2,725,000
Annual Revenue: $6,947,228
Net Profit: Not Disclosed
Cash Flow: $746,063
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1959
Employees: 17
BBN Listing #: 963738699
Broker Reference #: MINNEMN003-N1670

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Business Overview:

Independently owned, multi-location home improvement retailer based in Michigan, with two distinct retail concepts serving both commercial (65%) and residential (35%) customers. Combined revenues for all 3 locations was approximately $7 million with cash flow of approximately $750,000 in 2017. Business for sale for $2.725 million and the real estate is also for sale for $3.0 million for a total purchase price of $5.725 million. This is an established company with outstanding brand reputation. For additional information please contact Rick Elliott with Sunbelt Business Advisors at 612-238-1282 or relliott@sunbeltmidwest.com.

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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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