Buy a Middle Tennessee Profitable Lumber/Hardware Store business for sale in Tennessee on BusinessesForSale.com

  • Listing ID: 689098
  • (Seller ref: 339842)

Middle Tennessee Profitable Lumber/Hardware Store For Sale


Location:
Category:
Type:

Listed by:


Asking price:
$1,390,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$1,450,000
Cash flow:
$151,000
Years established:
5
Employees:
5

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A huge opportunity looking for the right owner operator to take this business to the next level. No local competition.....Increased inventory levels and better selections will bring increased customers, sales, and instant dividends. Great community, no state income tax, low property taxes, and high growth potential.


Real Estate:
Real Property Included
Location:
Located on 1.4 acres. Main building actually used for both hardware store and offices. Has a covered opened porch area that stores all detailed inventory such as doors, insulation, trim, etc. A canopy surrounds yard with all lumber inventory. 2 delivery trucks with attached tow motors. Yard also has two tow motors and a mid sized pick up for local small delivery.

Expansion potential:
County is located in the middle of two major cities. Growth is coming from both sides. Store has major hold on all contractor work due to relationship of local owner/operator. Huge opportunity for increased inventory levels from both hardware/lumber yard. Facility is very capable of these increased levels. Also, available real estate adjacient to current yard for possible expansion.
Competition / Market:
NO BIG BOX competition within a 30 mile radious. Only one other local lumber yard located on the other side of town. Prime location in the center of town.
Support & training:
Current local owner is more than willing to stay on with employement. Also, very willing to stay on through a set transition period, however long?
Reasons for selling:
Owner possiblly pursuing other interest
Furniture / Fixtures value:
$55,000 (included in the asking price)
Inventory / Stock value:
$200,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


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