Lumberyard & Building Supplies for Consumers and Builders (17890)
Business Description
This hardware store sells quality lumber, roofing, and home improvement materials, from paneling, paints, and flooring products to specialized electrical plumbing, and supplies for contractors. Contractors account for 40% of income and the top products provided are lumber/wood and building materials. Revenues reached $1,510,481 in 2023 holding Discretionary Earnings of $153,823. Benefiting from multiple retailer networks, growth opportunities also exist with pet supplies, a garden center, and yarding equipment as profitable product lines. Powered by high visibility from a well-located shop, residential walk-ins for remodels and special, custom orders. Situated in North Central Iowa, three buildings (open storefront, machine shed, and retail facility) measure around 27,180 square feet and feature office space and ample spacing for warehouse use. Preferably sold alongside the business, the property and 1.9 acres value up to $335K with excellent renovations including electrical and buildout upgrades from 2022. The seller will transition smoothly under current roles. A knowledgeable and long-standing team of five nonunion workers are likely to stay post-sale, with one key employee ready to train for an owner-absentee operation. With light marketing, new promotive efforts such as a developed website, more online engagement, and digital marketing would maximize client outreach. A large repeating customer base continues to offer a great referral system, positive ratings and a strong reputation. Through six decades the company has connected vendors with clients needing new projects, this listing has flexibilities for optimizations that don’t compromise profits, such as streamlining potentials and partnerships!
About the Business
- Years in Operation
- 61
- Employees
- 5
- Facilities & Assets
- Complete purchase is available for $995,000 with Land of 1.9 acres & Building included!
- Opportunities for Growth
- Business can be run Owner-Absentee post-sale!
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 27,180
About the Sale
- Seller Motivation
- Approaching retirement.
- Transition Support
- Key employee ready to train for streamlined management after a smooth Owner Transition with kept current roles.
- Financing Options
- Negotiable up to 20% for the right buyer.
Listing Info
- ID
- 2084198
- Listing Views
- 1478
Listing ID: 2084198 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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