Southern Indiana Building Material Supply Store

Indiana

Asking Price:	$1,650,000
Gross Revenue:	$4,454,136
Established Year:	1954

Cash Flow:	$461,737
Inventory:	$1,000,000

Listing ID: 2087488Listing provided by BizBuySell

BUSINESS DESCRIPTION

This Southern Indiana building material supply store sells high quality building materials. It also sells both commercial and residential products. They offer a wide range of products in the following departments:

• Hand & Power Tools
• Fasteners & Hardware
• Paint & Sundries
• Electrical, Plumbing & HVAC
• Lawn, Garden, & Outdoor Living
• Automotive & Sporting Goods
• Housewares
• Pet & Farm Supplies
• Lumber
• Cold Weather Items

Services offered by the store include equipment maintenance, repair, and rental. As an authorized STIHL dealer, they offer residential and commercial products. Additionally, the store provides maintenance, parts, and repairs for STIHL products.

The stores reputation comes from its superb customer service. A strong focus on customer satisfaction, knowledgeable employees, and convenient ordering keep customers coming back. Customers range from construction companies and large commercial contractors to residential contractors and the DYI crowd. It appeals to everyone due to the variety of products offered. In fact, the store currently serves about 5,000 customers.

The building material supply store has a great location. It is close to all major forms of transportation. Major shipping hubs are close by, too. Situated on a road that sees over 4,000 vehicles per day, it has great visibility. There is ample room on the property to expand the store or add additional storage buildings.

Don’t miss out on this great opportunity!

Investment Considerations:
• Consistent Revenue Growth
• Management in Place
• Strong Employee Retention
• On-line Ordering Platform
• In-House Delivery
• Showroom & Lumber Yard
• Room for Expansion
• Real Estate Available for Sale or Lease
• SBA Financing Available with Down Payment As Low as $85,000

ATTACHED DOCUMENTS

N2097 Building Supply Profile.pdf Download

DETAILED INFORMATION

Location

Indiana

Inventory

Included in asking price

Real Estate

Owned

Building SF

9,800

Employees

Facilities

The real estate is owned by the Seller. There are 6 buildings and a full lumber yard on 4 AC. The main building is approximately 9,800 SF of retail and office space. The additional buildings are used for material storage and machinery. Currently, the facility is at 85-90% capacity. The property has room for building expansion. The real estate is available for sale at fair market value or it can be leased at triple net for $6,000 per month.

Competition

There are around five competitors within a 10-mile radius. While they provide some of the same goods and services, none have everything under one roof. The business mainly operates in the lumber & building materials and home improvement stores industries. The combined market size, in Indiana, is $8.6 billion with 744 stores. The market is tied to construction and renovation. Both continue to be strong despite inflation.

Growth & Expansion

There is ample opportunity for a new owner to grow the business. These include: • Focusing on Ecommerce • Making Online Ordering More Effective • Selling Directly to Construction Companies • Adding High Margin Lawn & Garden Items • Expanding into New Markets • Adding Installed Sales

Financing

Price includes about $1M of inventory. An adjustment will be made at closing based on

Support & Training

The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.

Reason for Selling

The Seller is ready to retire.

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