Lumber Yard & Building Supplies For Sale

Business description

This lumber and building supply retail store is a family owned and operated business that is extremely profitable. A portion of the success of this business is that annually some profits are invested back into the business to increase investor and sustain growth. The loyal clientele and the huge influx of new homes in the area have helped to build the foundation of the company. They carry an extensive inventory of lumber and building supplies and that has helped to maintain a great rapport with builders in the area and keeps the repeat business coming back time and again. Sales have increased by about 17% annually the past 5 years. Call a representative today for all the details.

Property information

Real Estate:

Real Property Included

Location:

The 4 buildings and 2.6 acres of land are owned and included in the sale. There is ample parking on premise, main sales areas of 15,000 sq. ft. and 2 storage areas of 9,500 sq. ft. each for material and storage. There is also a 15,000 sq. ft. rental/income and nets $3,500 per mo. that will transfer with the sale and supplement your cash flow.

Other information

Expansion potential:

Growth potential for Bandon and the surrounding area continues to be very positive. Developers have online approximately 150 new building sites for the next 2 to 3 years. The Bandon area has no home insulation installers located locally. An opportunity for added growth would be for this company to form a subsidiary company to do insulation installing and do this work. A subsidiary company could be expected to increase gross sales from $500K to $750K annually in several years.

Competition / Market:

There is some competition.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Other Business Interest