Lumber Company - Western Maine
www.GlobalBX.com
Listing ID:
700362280
Listing Title:
Lumber Company - Western Maine
Quick Link:
http://www.globalbx.com/listing.asp?bId=362280
Industry:
Wholesale and Distribution
Industry Segment:
Wholesale and Distribution
Country:
United States
State / Province:
Maine
Area
City:
Augusta
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$2,695,094
Cash Flow:
$455,535
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1980
Number of Employees:
4 - 5
Business Description:
This business is SBA Pre-Qualified
This family-run lumber yard was founded in 1980 and has been serving both retail customers and contractors since. The company is located in directly on a numbered state highway in southwestern Maine.
In addition to lumber and building products, the store also sells a variety of tools of the trade.
The company has shown robust growth over the last several years.
The business consists of about 3,200 square feet of retail space and about 4.5 acres for lumber storage and sales.
There are also two homes on the property, which could serve as rentals or an owner's residence. One (single-wide trailer) is rented at $700.00/month. The other (single family Cape) is occupied by a family member, but the seller states that market rents are about $1200 – $1400/month.
Real Estate is not included in the sales price.
Inventory not included in the sales price.
Asking Price: $1,375,000
Gross Revenue (2020): $2,695,094
Cash Flow (2020): $455,535
Hours of Operation: M-F 7 AM – 5 PM. Saturday 8AM – 1 PM, Closed Sunday
Training Provided: Seller will assist in the transition and may be willing to work part time.
Reason for Sale: Retirement
** Confidential Listing, Not located in indicated zip code**
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