Hot Listing
Northeast U.S. Lumber and Hardware Retailer
Business Description
This third generation lumber yard and hardware store serves professional contractors, government entities and homeowners with lumber, windows, cabinets, paint, hardware, tools and more. The Company serves a region that continues to experience significant construction activity driven by vacation home buyers and people seeking refuge from large cities.
About the Business
- Years in Operation
- 80
- Number of Employees
- 13
- Facilities & Assets
- The Company has five buildings on 2.5 acres. The main building is over 4,000 SF of retail and office space. The remaining four buildings are storage sheds, warehouses and garages. The Company owns 9 vehicles including fork trucks, delivery vehicles and a sales car.
- Market Outlook / Competition
- This is a fragmented industry with multi-store regional chains and big box competitors in the region. The Company has enjoyed exceptional customer loyalty. The top 20 customers in 2024 have been doing business with the company for an average of 16 years.
- Opportunities for Growth
- The company has room to grow on it's current site and additional sites could be added. The company has made limited investments in sales and marketing. Currently outside sales staff are on the road only one or two days per week. There is an opportunity to expand plumbing and electrical product offerings.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 18,000
About the Sale
- Seller Motivation
- The owners would like to retire.
- Transition Support
- The owners and the experienced staff are prepared to provide whatever support a new owner needs to operate the business.
- Financing Options
- Limited seller financing is available for the right buyer.
Listing Info
- ID
- 2408649
- Listing Views
- 132
Listing ID: 2408649 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.
