Enormous Lumber & Hardware Center

Texas
.
Asking Price:$3,200,000
Gross Revenue:$2,700,000
EBITDA:$592,258
Real Estate:$1,800,000
Cash Flow:$477,661
Inventory:$1,000,000
FF&E:$250,000
Established Year:1948
BUSINESS DESCRIPTION

Ever considered yourself a DIY expert? DIY is becoming more and more popular, and folks are beginning to get more creative with their projects. This is a business that allows you to be the main supplier for these men and women alike with this full-service lumber and hardware store.

Not only is this a full-service lumber yard, hardware store, and full-service gun shop, it’s THE #1 source for building materials, industrial supplies, paper goods, cleaning supplies, Bio Guard pool treatments, and gun supplies in the surrounding area! Servicing West Texas and surrounding communities since 1948, the reputation of this company is stellar and a true household name in the region. Whether building a clubhouse, shoe shelves for the Mrs., or just need a quick piece to repair that dripping faucet, this company is the name that comes to mind and destination of choice for the community. If they don't have what the customer needs in-store, they offer free ship-to-store and even to the customers door!

This sale includes over an estimated $75,000 worth of vehicles and machinery. (Trucks, forklifts, etc.) Plus, an additional $200,000 worth of FF&E and nearly one-million dollars in inventory. The Real Estate is a thoughtfully and carefully laid out compound consisting of over 55,000 square feet of useable space. An excellent storage building with nearly 10,000 square feet of space is included in this figure. All of this is situated on 2.9 acres with excellent exposure and easy access to and from the main road.

As an independently owned member of Do it Best Corp., this business is the ONLY member-owned comprehensive and fully integrated hardware, lumber and building materials buying cooperative in the home improvement industry in the United States. Stocked with products tailored to their customer’s needs, and an online catalog featuring over 67,000 items, if the customer needs it, they have it! This opportunity is one-of-a-kind that you need for your portfolio!


DETAILED INFORMATION
Location
Texas
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
27,555 square feet of useable building space which includes: showroom, storage, office space, lumber rack, cement warehouse, insulation, plywood house, lumber rack, and drywall. Vehicles: 5 (Ford & Chevrolet Pickup Trucks) Misc Equipment: 2 Key Cutting & Coding Machines, 2 Paint Matching Machines, and 2 Forklifts Inventory Includes: Fully Stocked Hardware Store, Gun Showroom with Firearms & Ammunition, and a Full-Service Lumber Yard.
Competition
This is the only full-service lumber/building material business in operation in the surrounding area.
Support & Training
Seller is willing to stay on for up to sixty days to ensure a smooth transition. After sixty day a salary option will need to be exercised.
Reason for Selling
Owner is planning to retire.
Franchise
This business is an established franchise
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Kristy
Thornton
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Kristy Thornton