Prominent Western Kentucky Home Improvement Mega Center for sale

Kentucky

Seller Financing Available

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Asking Price:$1,140,000
Gross Revenue:$1,915,935
Rent:$8,000/Month
Cash Flow:$260,099
Inventory:$650,476
Established Year:2006
BUSINESS DESCRIPTION

This is an opportunity to purchase the premier home improvement supply in Western Kentucky. this extremely well known business has been in business since 2006. It has established itself as the premier KIY home improvement store in the area. The brand is extremely well known in the area for providing quality products and competitive prices. With nearly 20,000 sq. ft. underroof, the in-stock inventory is a huge advantage and brings customers in from a vast radius.

The business has seasoned long term employees. Current owners are not local and business operates without a hiccup. Manager is in place and can stay. However, a new buyer may choose a different approach. Business averages $650K in continuous inventory! Business averages over $1.9 million in revenue over the last three years! Business averages over $260zK SDE over the last 3 years! Obviously this is a phenomenal business.]

This business can be purchased with additional businesses for strategic value if desired. There are multiple opportunities for the entrepreneur to structure a purchase including the possibility of real estate as well. Due to the tremendous reach of customer base, a confidentiality agreement will be required.

The business is pre-qualified for financing under very favorable terms.


DETAILED INFORMATION
Location
Kentucky
Inventory
Included in asking price
Real Estate
Leased
Building SF
20,000
Financing
The business is pre-qualified for financing under very favorable terms.
Support & Training
Seller will negotiate a transition period
Reason for Selling
Retirement
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Jeffrey
Stec
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Jeffrey Stec