Lumber Center And Hardware Store In Louisiana For Sale

Business description

This business, which boasts strong historical sales growth year after year combined with an extremely strong debt ratio, is a franchised hardware store that also sells building materials and lumber. Initially opened in the early 1900s, this large store now services over 10,000 customers locally and from the surrounding communities. It is able to compete effectively against other retail chains by catering to contractors, by offering specialty products and services, and by serving areas unattractive to larger companies because of limited customer concentration. The store offers essentially everything from start-up to decoration that might be needed by the growing number of homeowners and contractors who are moving or expanding their location to a more cost effective, rural area. Business is conducted from 3 separate, attractive facilities, including a company-owned 65,000 square foot operations center, a company-owned 45,630 square foot office/warehouse facility, and a leased 13,800 square foot retail center. A fleet of 22 vehicles supports the transportation needs of the Company. This business will be particularly attractive to buyers with retail experience who wish to take this already profitable business to the next level as more and more people are moving away from costly metropolitan areas or to buyers new to the retail field who wish to take advantage of the current, excellent revenue stream.