Hot Listing
Hardware And Lumber Yard Stores With Real Estate
Business Description
Business Highlights: After over 20 years of running this business, the seller is ready to retire. With several locations in Central NY serving the local contracting trades, farmers and homeowners. Product lines include Building Supplies (millwork, cabinets, decking, lumber, drywall, etc.) plus hardware (with a national affiliation), paint and other associated product lines.
The current owner operates in a semi-absentee ownership capacity, managing the multiple locations. Each location is fully staffed with day-to-day management.
Growth/Expansion Opportunity: A new owner could easily expand the business by pursuing a larger geography - outside sales, etc. The local client base is steady due to the location and convenience of the store locations.
Requirements: Hardware Store, Lumber Yards, Retail Store Management is preferred but not necessary. The current owner will offer a reasonable long-term transition.
Transition: 30 calendar days included in the sale price; additional days can be negotiated.
Inventory: Inventory estimated value @ $525,000 and fluctuates daily – included in asking price.
FF&E: POS, Registers, Racking and Store fixtures, Build Out - $70,000 included in the sale price.
Facilities: Owner-owned and occupied valued at $1,150,000 - consisting of over 3.1 Acres and Buildings consisting of over 52,000 SQFT – 20,000 SQFT is retail SQFT – included in the sale price
Financing: TBD – SBA Financing Available for Qualified Buyer.
The current owner operates in a semi-absentee ownership capacity, managing the multiple locations. Each location is fully staffed with day-to-day management.
Growth/Expansion Opportunity: A new owner could easily expand the business by pursuing a larger geography - outside sales, etc. The local client base is steady due to the location and convenience of the store locations.
Requirements: Hardware Store, Lumber Yards, Retail Store Management is preferred but not necessary. The current owner will offer a reasonable long-term transition.
Transition: 30 calendar days included in the sale price; additional days can be negotiated.
Inventory: Inventory estimated value @ $525,000 and fluctuates daily – included in asking price.
FF&E: POS, Registers, Racking and Store fixtures, Build Out - $70,000 included in the sale price.
Facilities: Owner-owned and occupied valued at $1,150,000 - consisting of over 3.1 Acres and Buildings consisting of over 52,000 SQFT – 20,000 SQFT is retail SQFT – included in the sale price
Financing: TBD – SBA Financing Available for Qualified Buyer.
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2409693
- Listing Views
- 168
Listing ID: 2409693 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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