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Advert Ref: 620956

Lumber & Hardware Supply Business For Sale

Details: Asking price:Undisclosed; Sales revenue:$5,039,000; Net profit:$579,400; Fixtures value:$200,000; Inventory value:$2,000,000

Business description: The Company is a family owned and operated retailer of Lumber / Building and Hardware supplies, serving a large area along the Oregon Coast. The facilities are situated on about 3 - acres and feature about 50,000 SF under roof which includes warehouse and office space, retail and display areas, 2nd and 3rd story storage. The Company also rents out 15,000 SF of additional space for storage and to 2 - other local businesses. A portion of the success of this business is that annually some profits are invested back into the business to increase inventory 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 the company’s excellent rapport with builders and customers in the area and keeps the repeat business coming back time and again... Sales have increased about 17% annually over the past 5 years. The sale includes the business, land, buildings, equipment and inventory.
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