Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Proyard: 130+ Yrs Of Lumber Excellence In Maryland For Sale

Maryland, US
Asking Price:
$3,750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$5,016,332
Cash Flow:
$478,027

**Historic ProYard Lumber & Hardware: A Century-Plus Legacy in Maryland**

**132 Years Strong**: A leader in the B2B/B2C lumber and hardware market with a rich history dating back to 1890.

**Robust Financial Health** - Flourishing with $5.7+MM in revenue and profit margins 4.5% above industry standards. Cost of Goods Sold is 6.7% lower than industry averages.

**Diverse & Loyal Customer Base** - Catering to 70% B2B and 30% retail clients, with the largest client accounting for only 4% of revenue, ensuring stability and diversification.

**Expert Team** - A dedicated, experienced staff with decades of service, operating efficiently at wages below industry benchmarks.

**Proven Resilience & Growth Potential** - Survived through two world wars and various economic shifts since 1890. Presents untapped potential with additional land, rail access, and the possibility to increase revenue by $1MM.

**Eco-Friendly and Strategically Located** - Cleared a recent Phase I environmental inspection. An ideal fit for businesses seeking lumber resources, rail connections, and light industrial land.

**Real Estate Advantage** - Includes commercial and light industrial zoned real estate, minimizing overhead costs.

**Pre-Qualified for Financing** - A unique opportunity to acquire a profitable, historic business with significant growth potential. Available now for forward-thinking investors.

Property Information

Living Accommodation:

Single family home (potential office), Covered indoor and outdoor storage, retail store and extra land all included.

Location:

Sits at a cross roads with easy access to road and rail.

Premises Details:

6.5+ acres with several covered improvements including a retail store, outdoor covered storage, indoor covered (and locked) storage, several small buildings and a single family house (needs renovations) - all included.

Size in square feet:
479,160

Business Operation

Expansion Potential:

Unlock Massive Growth: With our strong ties to numerous builders, the key to scaling up lies in expanding our sales team. Presently, our solo sales expert can only engage with a limited client base. Imagine the surge in business with one or two more dedicated salespeople directly collaborating with contractors. We've seen what's possible: at peak performance, we achieved over $8MM in sales. The potential is there for an additional million in revenue with just one more salesperson.

Moreover, our land is a goldmine of untapped potential. Whether it's internal expansion or strategic sub-leasing, there's ample space to grow and diversify revenue streams. This isn't just an investment in a business; it's a gateway to new heights in profitability and market dominance.

Competition / Market:

This business is well established and has literally survived every up turn, war, and recession the US economy has produced in the 20th century. It remains profitable with higher than average margins.

Reasons for selling:

retiring

Trading hours:

M-F 7AM - 5PM, Sat 7AM-12PM, Closed Sunday

Employees:
12
Years established:
1890

Other Information

Support & training:

4 weeks

Furniture / Fixtures value:
$400,896 - included in the asking price
Inventory / Stock value:
$1,706,838 - included in the asking price