High Cash Flow Lake Area Hardware and Lumber Store w/ Real Estate 2753
| Asking Price: | $2,200,000 |
| Gross Revenue: | $2,786,765 |
| FF&E: | $100,000 |
| Established Year: | 1986 |
| Cash Flow: | $702,596 |
| Inventory: | $550,000 |
| Real Estate: | $425,000 |
Capture this semi-absentee popular and profitable, full-service hardware and lumber business that has been highly reliable for customers in and around a thriving lake-bound community for over 30 years. Numbers for 2023 were stellar and have kept up with demand by cash flowing over $700,000!
In addition, approximately $550,000 of inventory is included in the price. This includes lumber, hardware, fasteners, paint, supplies, plumbing, electrical, lawn and garden as well as hand and power tools and various stone. FF&E is close to $100,000 which includes trucks, forklifts, security systems, POS systems, and more.
Also included in this valuable business is close to 2 acres of prime land which has two buildings with a living quarter and a parking lot all in very good condition. Located within a few hundred yards of a thriving lake community where many of the owners purchase boat parts, lumber, and hardware as well and home builders purchase many products for new builds/remodels. This business is the epicenter of the local area for thousands of quality products, reliable service, and expert advice.
A new savvy owner can add an online presence as currently there are no online sales and many other home-services. The business has an established system and process in place to service its loyal and large customer base. The seller is ready to retire and will help with the buyer's transition and training. You do not want to regret missing this rare business and real estate opportunity!
