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Profitable Lumber & Building Material Store
Location: United States -> Missouri
Industry: Retail > Home and Garden Retail

Business Summary

This is a long-established company that has been operating for 74+ years. Three generations have managed this company and are now ready for an active entrepreneur to drive this company to the next level. Located in a thriving community of northeastern Missouri, this highly profitable operation resides on 3.3 acres, accommodating a 33,273 square foot facility. This includes a retail showroom with an attached drive-through warehouse and additional storage buildings. The area is attractive as it presents excellent accessibility, proper signage, and substantial parking availability.

The company is a one-stop lumber and building supply company with a vast inventory selection for builders, remodelers and do-it-yourselfers. Their inventory includes lumber and building materials, doors, windows, molding, cabinetry, countertops, hardware, plumbing supplies, electrical supplies, paint, etc. You name it and the business supplies it!

The company supports a well trained and experienced building material industry staff of employees. The company specializes in personal service, accurate estimates, and on- time, in-full deliveries. The customer base is comprised of long-time loyal supporters: approximately 75% are professionals (home builders, general contractors, and remodelers); and 25% are residential do-it-yourselfers. The demand continues to increase as the business produces a steady growth path of increasing sales and profits.

This is an exceptional opportunity available for a prospective buyer to achieve a profitable company with a stellar and durable reputation. Assets included in Asking Price are as follows: Inventory - $550,946; Fixtures, Furnishing, Equipment, and Vehicles - $298,054; and Intangible Assets which includes Seller-s Non-Compete Covenants, Customer lists, Work Force in Place, Trade Secrets, and All Records, Manuals, Files and Other Materials Relating to Operation of the Business.

Please contact us today regarding this -For Sale by Owner- business


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $3,795,677
Cash Flow:   $226,443
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $849,000
Seller Financing:  No

About The Business

Year Established:  1945
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  The Seller will provide training and transitional services with an agreed-upon compensation package for up to one year following the transfer of the business. The Seller is open to continuing in some position for the Buyer before retiring. Additional length of service will depend on the needs of the buyer and the terms of the offer.
Reason For Selling:  This business may be a perfect fit for an SBA loan.

Print Listing Id: 700343111
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Also See: Franchise Opportunities > Franchise Resales > Missouri Businesses For Sale > Missouri Franchises For Sale > Missouri Business Brokers

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