In the Birmingham region of Alabama, this business offers hardware supplies, covering products from lumber, wood, panels, water heaters and paint, used for multi-house installations, roofing, electrical, plumbing & more. As the only home improvement store within a 10-mile radius, company carries strong commands over the market and surrounding communities with years of ongoing vendor partnerships and multiple client relations. Thanks to top reviews online, company is proven to thrive amidst recessions with stable sales between $1.5 - 1.75 Million, as Revenues for 2022 reached projections of $1,511,820 with positive Discretionary Earning returns. Available for preferable purchase, workplace is a well-located and highly visible facility measuring around 16,000 square feet, with up to 400-sq.ft. of office space and the remaining used as storefront and inventory warehousing. With Monday to Friday operations, primary consumers of builders, contractors, renovators, and property management groups are able to get quality repair materials. Experienced team of nine nonunion employees including office and store managers are most likely to remain post-sale and continue streamlined functions after a standard owner’s transition period with kept leadership roles. Currently depending on backed verbal referrals from a large and repeating customer base, great opportunities for growth exist through aggressive advertising, launching a website, and engaging in social media sources.
- Asking Price:
- $595,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,511,820
- Cash Flow:
- $56,300
Property Information
- Real Estate:
-
Lease
- Location:
-
Property valued at $500,000 is available for preferred purchase separate of Asking Price!
- Size in square feet:
- 16,000+/-
Business Operation
- Reasons for selling:
-
Approaching retirement.
- Trading hours:
-
Monday to Friday 7AM - 4:30PM.
- Employees:
- 9 nonunion.
- Years established:
- 1946
Other Information
- Support & training:
-
Continued streamlined operations after a standard Owner's Transition period with kept leadership roles.
- 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:
- $455,000 - included in the asking price
- Inventory / Stock value:
- $200,000 - included in the asking price