Michigan Lumber and Hardware Store for Sale (Contractor Yard)

Sale Pending

Asking PriceNot Disclosed

Cash Flow
$382,621

EBITDA$192,886

Gross Revenue$4,744,904

Inventory$600,000
Included in asking price
FF&E$120,000
Included in asking price
Real EstateNot Disclosed

1233Save

Michigan Lumber and Hardware Store for Sale (Contractor Yard)


Sale Pending

Asking PriceNot Disclosed

Cash Flow
$382,621

EBITDA$192,886

Gross Revenue$4,744,904

Inventory$600,000
Included in asking price
FF&E$120,000
Included in asking price
Real EstateNot Disclosed

Business Description
Profitable Lumber Company For Sale in Michigan
An exceptional business opportunity awaits in the heart of Michigan for a discerning entrepreneur or strategic buyer. This well-established Lumber Company and Hardware Store, known for its longstanding reputation and deep community ties, is now available for acquisition. Combining rustic charm with modern operations, this turnkey business is fully equipped for a new owner to continue its legacy of success.

Key Highlights:
• Prime Location: Strategically located in a thriving Michigan town with high visibility, easy accessibility, and steady foot traffic.
• Established Reputation: Renowned for its comprehensive range of hardware products and robust contractor services, fostering a loyal customer and contractor base over the years.
• Fully Equipped Operation: Sale includes all equipment, fixtures, and inventory required for immediate business continuity.
• Strong Sales & Profitability: Consistent gross sales between $4.3 million and $5.1 million over the past three years.
Business Benefits:
• Acquire a Proven Michigan Business: Step into a profitable, reputable operation with a well-documented history of success and community engagement.
• Be Your Own Boss or Integrate as a Strategic Add-On: This option is ideal for entrepreneurs ready to lead or companies seeking a synergistic acquisition in the lumber and hardware sector.
• Deep Community Connection: Build relationships with customers and contractors who value quality service and craftsmanship.
The current owners are committed to ensuring a smooth transition, offering comprehensive support and knowledge transfer to the new owner.

Financial Highlights:

2024 Sales $4,724,004; SDE $382,621
2023 Sales $4,475,364; SDE $228,253
2022 Sales: $4,475,364; SDE: $456,670
2021 Sales: $$4,559,831; SDE: 475,548
Assets: >$1,231,253.47
Inventory > $600,153

Investment Highlights:
• Steady growth with strong financial performance
• Experienced, loyal, long-term staff
• Established customer and contractor relationships
• Limited local competition with room for market expansion
• Robust walk-in hardware and DIY customer base

Growth Opportunities:
• Expand contractor business and market share
• Upgrade delivery fleet to expand service radius
• Adjust margins to align with industry benchmarks
• Grow Kitchen & Bath Center operations
• Expand product offerings in the hardware section

Serious inquiries only. A signed Confidentiality Agreement (NDA) will be required for additional information.
About the Business
Currently Relocatable
Yes
Website
https://equitygroupmi.com/businesses-for-sale/michigan-lumber-company-hardware-s
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
43,698
Listing Info
ID
2346338
Listing Views
2080

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Listing ID: 2346338 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.