Hardware And Lumber Yard Stores With Real Estate

NOT DISCLOSED, New York

Asking Price	$1,950,000	Year Established
Annual Revenue	$3,500,000	Reason for Selling	Retirement
Annual P/L	$0	Attention	Bo Prybyla
Annual Cash Flow	$350,000	Listing Number	997547
# of Employees		Business Category	Retail: Hardware, Bldg. Materials, Garden Center

Business Overview:

Business Highlights: After over 20 years of running this business, the seller is ready to retire. With several locations in Central NY serving the local contracting trades, farmers and homeowners. Product lines include Building Supplies (millwork, cabinets, decking, lumber, drywall, etc.) plus hardware (with a national affiliation), paint and other associated product lines.

The current owner operates in a semi-absentee ownership capacity, managing the multiple locations. Each location is fully staffed with day-to-day management.

Requirements: Hardware Store, Lumber Yards, Retail Store Management is preferred but not necessary. The current owner will offer a reasonable long-term transition.

Transition: 30 calendar days included in the sale price; additional days can be negotiated.

Inventory: Inventory estimated value @ $525,000 and fluctuates daily – included in asking price.

FF&E: POS, Registers, Racking and Store fixtures, Build Out - $70,000 included in the sale price.

Facilities: Owner-owned and occupied valued at $1,150,000 - consisting of over 3.1 Acres and Buildings consisting of over 52,000 SQFT – 20,000 SQFT is retail SQFT – included in the sale price

Financing: TBD – SBA Financing Available for Qualified Buyer.

Property Features and Assets:

Market Competition and Expansion:

<p>A new owner could easily expand the business by pursuing a larger geography - outside sales, etc. The local client base is steady due to the location and convenience of the store locations.</p><p> </p>

Additional Details: