Annual Revenue: $4,700,693
Net Cash Flow: $705,000
Location: Sullivan County, New York
Located in the beautiful Hudson Valley. This highly profitable, multi-location building material, hardware, lumber, and masonry store caters to residential, commercial, industrial, and wholesale customers with higher quality materials, well-trained sales associates, and outstanding service.
The revenue and profit are up over 10% in 2022. This business is a member of the world’s largest retailer-owned hardware cooperative, which is included with the sale. Its locations have ample room for growth and include 27,000+ square feet of retail, warehouse, and office space conveniently located to serve their market and beyond.
Their product line is diverse, with materials on hand to complete customers’ projects, whether residential, commercial, or industrial. This business has the customer covered from the excavation and foundation phases through framing, metal siding, roofing, decking, and millwork. Engineered lumber, trusses, and panelized construction are also coordinated with the customer and the component suppliers. Or they frequently provide one-step products from the manufacturer to commercial and industrial customers’ job sites.
Special orders make up a large and profitable portion of the business. All sales are currently generated in-store from walk-in, telephone, or e-mail. An outside sales force would fuel additional sales volume by developing the unique and profitable under-served niches this business has developed in the building industry for the past 40 years.
The asking price does not include inventory or real estate. Asking price for the real estate TBD.
Reason For Sale:
Continue the success and legacy of the business thru merger and expansion, enabling current Senior management to cultivate key facets of the business and broaden the advancement of its current and future associates.
Square Footage: 10000
Several locations with retail showrooms and adequate storage. Detail to qualified buyers.