Established, well-managed store whose strength is a knowledgeable staff rooted in customer service. This store has a diverse and comprehensive selection of LBM and Hardware offerings giving the customers the ability to shop with one store for all their needs. If the store does not have it, special ordering is not a problem with a long line of dedicated vendors. Set in community that is steadily growing with 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. This particular store has served their respective community 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, this store 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 Furniture / Fixtures included
- Sales Revenue:
- $17,046,000
- Cash Flow:
- $900,000
Property Information
- Real Estate:
-
Lease
- Location:
-
Prime location, downtown location.
- Premises Details:
-
4 acres, building size is approximately 36,000. Owner open to both possible sale or lease opportunity.
- Size in square feet:
- 36,000
Business Operation
- Expansion Potential:
-
This store has the size and acreage for expansion. Also, other opportunity categories 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:
- 30
- Years established:
- 76
Other Information
- Support & training:
-
Full training and transition period being offered by ownership..
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Inventory / Stock value:
- $3,600,000
