Established, well-managed stores whose strength is a knowledgeable staff rooted in customer service. Both stores balance diverse and comprehensive selections of LBM and Hardware offerings giving the customers the ability to shop with one store for all their needs. If the stores do not have it, special ordering is not a problem with a long line of dedicated vendors. Both locations are set in communities that are steadily growing and near surrounding towns with similar growth trends. Recent data show many people relocating to these areas for jobs as well as the lifestyle of comfortable living that the Southeast provides. As both stores have served their respective communities for over 75 years, they possess the name, dependability, and longevity to supply customers, contractors, developers, or industries into this future growth! As essential businesses, both stores remained open and saw great growth through the Covid crises and are looking at a probable 8-10% yearly growth over the next 5-10 years.
- Asking Price:
- On request
- Sales Revenue:
- $19,786,000
- Cash Flow:
- $904,000
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Both facilities sit on 4 acres and 3.8 acres respectively. Building sizes are approximately 36,000 and 27,000 each. Owner open to either leasing or purchasing position.
Business Operation
- Expansion Potential:
-
Both stores have the size and acreage for expansion. One store has a big opportunity for LBM increases. Both stores for additional components such as: Trim, millwork, windows, and current trends.
- Competition / Market:
-
Local competition consists of other home centers as well as the big box stores. The staff, from salesmen, to back office, to management, prides itself in exceptional customer service along with competitive pricing to keep a strong and loyal customer base.
- Reasons for selling:
-
Retirement
- Employees:
- 41
- Years established:
- 75
Other Information
- Support & training:
-
Full training and transition period being offered by ownership.
- Inventory / Stock value:
- $5,900,000
