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Hardware and Supply Store with Great Property Included! (37948)

Situated in Eastern Texas, specialized hardware store offers a range of quality building materials and rental equipment, from dimensional lumber, sidings, and plumbing material, to cement mortar and paints. Standard tools, hardware, garden supplies and sundries are also available. Operating from a 3-acre lot, the warehousing facility contains a loading dock, lumber sheds with drive-thru bays and double-sidings. The retail space includes wide displays and 1,050 square feet of covered awnings in addition to office areas and sheet rock storage! Positioned to be a supplier for big housing projects, the property is found in prime condition complete with cameras, security systems, and heavy-gauge pipe fencing with locking slide-gates and room for expansion. Included in the asking price at approximately $1.8M, a leasing option may be negotiable as full real estate holds a monthly mortgage through the business of $10,800. Able to thrive as a debt-free business, Revenues totaled $3,307,753 in 2022 alongside Discretionary Earnings of $431,444 and an EBITDA amount of $375,358. The stable sales trend shows projections at $3,500,000. Catering to markets from Residential Buildings (80%) to Commercial Sites (20%) for more than two decades, promotional efforts include referral sources, local sponsorships, a maintained website and social media engagement. With no individual client making more than 10% of, and Top Ten summing less than 30% of the annual income, the company offers low capital expansion opportunities. Experienced personnel of twelve nonunion employees are most likely to stay post-purchase and continue operations. The part-time owner will be available during a standard transitioning cycle of up to one year. Thanks to high ratings and strong reputations within their large, repeat customer base, aggressive advertising and networking programs would maximize outreach.
Listed By: Flavia Milano
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Background information
Seller Number:
37948
Year established:
1999
Reason selling:
Other businesses to focus on.
Finance
Sales:
$3,307,753
Profits:
$431,444
Profit type:
Discretionary Earnings
Operations
Employees:
12 nonunion.
Equipment:
$202,430
Inventory:
$1,500,000
Premises
Facility:
Property valued at $1,850,000 comes included in the Asking Price!
Location:
Operating from a 3 acre lot.
Opportunities
Market:
Reputation and Referral Sources.
Price and terms
Price:
$4,500,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Part-time ownership available during a standard acclimation up to one year.