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Lumber Co/ Hardware Bth/ Real Estate Only 20% Down Business For Sale

Ocean County, New Jersey
Asking Price:
$9,525,000 Furniture / Fixtures included
Sales Revenue:
$12,059,163
Cash Flow:
$853,356

This lumber company and hardware store has been in existence for 83 years. It was established in 1932 by the current owner’s grandparents, this hardware store is a staple in the community. This business is comprised of three separate stores with six pieces of real estate. Two of the locations are hardware stores/lumber yards and the third location is a kitchen and bath showroom. You have the opportunity to build on years of success. This is a growing business with multiple income departments. The inventory, equipment, buildings and real estate are included in this great price! NOTE: They closed their door division down in 2014.

For more information, please contact seller below.

Property information

Real Estate:

Real Property Included

Premises Details:

Three separate locations. Located in busy areas with great exposure. Stand-alone stores with various storage sheds.

Size in square feet:
21,000

Business Operation

Expansion Potential:

A hands on owner or Investor would be able to grow this business to other markets.

Competition / Market:

There are several hardware supply companies and lumber yards within about 25 miles.

Reasons for selling:

This is a family owned and operated business and there are no family members to take over the business.

Trading hours:

Monday-Saturday 7am-4:30pm, may vary by location.

Employees:
29 FT/11 PT
Years established:
83

Other Information

Support & training:

Will train for 2 weeks @ no cost.
General.

Financing available:

Lender pre-screened w/ $1,785,000 down.

Furniture / Fixtures value:
$1,200,000 - included in the asking price
Inventory / Stock value:
$2,500,000

Contact Broker

Contact Information

    1. Your Address

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