Includes Real Estate! Able to rebound sales even during 2020’s pandemic, new projections climb to $10 Million for 2023, more than triple the value of 2017! Situated in the Big Bend region of Florida, retailer offers quality building materials for key fabrications, premium or custom-cut lumber and general hardware, plus slabs, roof, and paint/stains used for mixing. Opened in 2014, company has supplied relevant tools, products, and specific equipment needed for large and small-scale projects to Individual clients (70%) as well as Contractors (30%). Workplace is a prime collection of two buildings and four sheds that total 19,200 square feet and sit on 2.4 acres of land, premises include a retailing facility, a storage room conjoined by one other hut, and three additional sheds. Having recently purchased another 2.25 acres that feature 1,400-sq.ft of office space and a 30'x80' warehouse, property value has increased by $700K! Currently subject to appraisal, the real estate is capable of handling extra capacity, a perfect opportunity for taking business to the next level through expansions in service. Catering to the Residential (75%), Commercial (15%), and Industrial (10%) markets, shop carries over $1 Million in inventory with owner stocking up on brand new truck, fresh material and positioning store for further growth. As Top Ten consumers summed less than 25% of last year’s income, company is minimal with promotive efforts, leaving a potential to maximize on backed referrals from a substantially sized customer base via online media. Experienced personnel of sixteen nonunion employees are most likely to stay post-purchase and continue with daily operations, as Seller facilitates a smooth transition period of six months. Due to high local developments that increased passerby and a new optimized Point of Sale system, grosses ascended 27% this year from $6.1 Million in 2021 while ongoing reviews funneled Revenues to reach to $7,800,000 in 2022 alongside Discretionary Earnings of $565,000!
- Asking Price:
- $4,400,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $7,800,000
- Cash Flow:
- $565,000
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Total Property of two buildings and four sheds valued at $1,350,000 comes included within the Asking Price!
- Size in square feet:
- 19,200+/-
Business Operation
- Reasons for selling:
-
Approaching retirement and/or pursuing other interests.
- Trading hours:
-
Monday to Friday 7AM - 5PM & Saturdays from 8AM to 2PM.
- Employees:
- 16 nonunion.
- Years established:
- 2014
Other Information
- Support & training:
-
Facilitated 6 month Owner Transition period.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Negotiable up to 20% for the right buyer.
- Furniture / Fixtures value:
- $290,000 - included in the asking price
- Inventory / Stock value:
- $1,200,000 - included in the asking price
- Relocatable:
- This business can be relocated.