Highly Profitable Northern California Hardware & Lumber Business

, California 9 views 0 favorites

Financial Highlights
Asking Price
$1,625,000
Revenue
$3,575,825
Cash Flow
$556,960
Business Description

Highly Profitable Northern California Hardware & Lumber Business This locally owned and operated hardware store with a complete full-service lumber yard has been in operation for 50 years. The business serves both building professionals and DIY customers from across its rural Northern California county in the Sierra Nevada Foothills. The store is affiliated with a national hardware brand and stocks a full line of building supply materials for any job, from foundations to roofing. The business handles special orders, delivery, and offers key cutting, pipe threading, and lock rekeying. This business has stood the test of time. It has streamlined systems and processes that provide an efficient “drive-through” experience for its commercial customers. The store and lumber yard run like clockwork, are clean and organized and operate with a robust POS/inventory computer system. The company has also developed tools for tracking the lumber industry and real estate trends, which the seller is open to sharing with a new buyer. As rebuilding from recent fires continues, this business has potential opportunities to take advantage of the expected high demand from local builders in the coming years. Real Estate for sale - $950,000 The business and real estate have been SBA pre-approved with down payment as low as 10% and loan term for both together at 16 years, depending on borrower’s qualifications, deal structure, and market conditions. Location: California Year Established: 1972 Number of Employees: 7 Real Estate: Owned Building Sq. Ft.: 5,910 Facilities: 3 Buildings, 1 covered storage. The main retail building is 4,438 sq. ft. The second building, used as a showroom, is 1,472 sq. ft. In the center of the property is a covered 4,000 sq. ft. storage area for lumber. At the rear of the property are three 1,200 sq. ft. storage buildings. There are also two small storage sheds on the property.

Business Details
Industry:
Building & Construction
Real Estate Included:
No
Assets Included
Inventory Value:
$600,000
Equipment Value:
$220,000
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 6 days ago

Views: 9

Favorites: 0