Forsyth County Home Improvement Center Appliances And Installations For Sale

Business description

In 1990, Seller left his corporate job to start a home builder’s supply store which has grown to the point that in the fifteen years from 1996 to 2010, there have been only two years of less than $2,000,000 in revenue, with 10 of them in excess of $2,455,000 and 2 of those were in excess of $3,000,000 in revenue.

Seller describes the business as “a little Lowe’s”, but it is not so little! With over 32,000 square feet of displays plus 52,900 square feet of storage and other facilities plus thousands of items in-stock, very few customers walk away empty handed. Of special note are the Appliance Department and the Surplus Doors & Windows portion of the business. Additionally, a full-time home improvement salesman / supervisor quotes, sells and manages the installation of windows, vinyl siding and all types of roofing jobs as well as kitchen and bath remodeling and even full room additions.

Property information

Real Estate:

Real Property Included

Location:

Seller owns all facilities and is open to a lease, purchase or lease to purchase offer

Premises details:

Seller owns all facilities and is open to a lease, purchase or lease to purchase offer

Size in square feet:

32,000

Business Operation

Expansion potential:

Seller feels the “surplus” market segment holds the greatest profit potential

Competition / Market:

Some smaller hardware stores but really nothing that offers a comparable in-stock selection within a 20 minute drive

Reasons for selling:

Seller wishes to retire.

Trading hours:

M-F 730a-5p, Sat 8-noon, Sun closed

Employees:

6 full time/2 part time

Years established:

1990

Other information

Support & training:

Seller will provide up to twenty [20] normal workdays of training and transition support at no cost and would consider assisting a new owner in whatever capacity desired

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will provide some financing for a qualified buyer.

Furniture / Fixtures value:

$226,100 (included in the asking price)

Inventory / Stock value:

$792,500 (included in the asking price)