Building & Maintenance Supplies - Retail/Warehouse

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$8,500,000 $5,473,179

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Building & Maintenance Supplies - Retail/Warehouse Broker: Bob Dunphy

Quick Facts

Asking Price: $8,500,000
Annual Revenue: $5,473,179
Net Profit: Not Disclosed
Cash Flow: $396,206
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1872
Employees: 18
BBN Listing #: 966235879
Broker Reference #: 6842-996301

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Business Overview:

This large building supplies, hardware and apartment maintenance store is located in 20,000+ square feet of retail, warehouse and office space ideally located to serve Brooklyn, Queens and Manhattan. Their product line is designed to meet their clients' many and diverse needs with a variety of maintenance, repair, and industrial supplies, including hardware, paint, plumbing, electrical, lumber, janitorial and other home, business and industrial products. They sell, assemble and repair lawn mowers and snow blowers, have a full selection of window parts, repair window and door screens and specialize in hard-to-find items. The long-time staff provides outstanding personal service to homeowners and local contractors, as well as some of the largest property owners, property managers, superintendents and custodians in commercial, residential, retail and educational real estate. For customers who need more assistance, they provide help and guidance with do-it-yourself projects and assemble purchased items such as fans and barbecue grills. They also have a convenient pickup area for customers with ADA-compliant wheelchair parking leading to a wheelchair accessible entrance is available on-site. They offer in-store shopping, in-store pickup and curbside pickup. Co-owned real estate is valued at $6 million. Asking price of $8.5 million includes inventory and real estate.

8,000 Square Feet Retail Store, 11,304 Warehouse, 1,000 Office.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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