This well-established lumber yard and building supply business has been in business for over 70 years. They specialize in commercial sales to residential and commercial contractors, commercial businesses and retail customers. They sell industrial and commercial wood products. They are only open from 7 AM to 5 PM Monday through Friday. The owner does not work in the day-to-day operations of the business. They have a management team in place that runs the operation. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at
- Asking Price:
- $3,900,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $10,915,637
- Cash Flow:
- $910,171
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$235,800 per annum
- Location:
-
North Texas
- Premises Details:
-
30-40% Room for Growth
- Size in square feet:
- 31,000 +/-
Business Operation
- Expansion Potential:
-
This business is located in the North Texas area which is one of the fastest growing areas in the United States for construction. This business could stay at its present location or easily be relocated to the same general area without much business interruption. Most of the lumber is delivered directly to the job sites.
- Competition / Market:
-
This business has been around for over 70 years and continues to be profitable and successful. They have a well-established sales force, operational personnel and management staff that make this business successful.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday - Friday 7:00am - 5:00pm
- Employees:
- 17
- Years established:
- 1950
Other Information
- Support & training:
-
Owner is willing to negotiate terms for a smooth transition to new ownership.
- Furniture / Fixtures value:
- $350,000 - included in the asking price
- Inventory / Stock value:
- $1,062,000 - included in the asking price
- Relocatable:
- This business can be relocated.
