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Established Lumber & Hardware Business For Sale

Iowa
Asking Price:
$1,200,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,075,390 (USD)
Cash Flow:
$87,310 (USD)

Well established Hardware and Lumber business for sale. Business has been a staple in their community for over 60 years. The Hardware side of the business is branded through a well known national buying group and has built a loyal customer base. In addition to the hardware, business also has a lumber division and sells to both homeowners and commercial contractors and handymen. Current owner is looking to retire and would like to find a new owner to serve their customer base and take the business to the next level.

Property information

Real Estate:

Real Property Included

Premises Details:

Buildings and Real Estate are well located and in very good shape. Included in the price are three main structures, totaling approximately 16,000 square feet. Additional space is available for sale or lease.

Business Operation

Expansion Potential:

Lots of potential for growth. New owner can look to expand sales through additional contractors, unique product lines, additional industry growth areas, etc.

Competition / Market:

Not much for local direct competition, but competition does exist regionally. Business has in operation in its current location for over sixty years, and has built an excellent reputation and loyal customer following.

Reasons for selling:

Second generation owner looking to Retire.

Trading hours:

Mon-Fri 7:30am-5pm; Sat 7:30am-12pm

Employees:
6 FT
Years established:
64

Other Information

Support & training:

Will train for 4 weeks @ no cost.
Beside State and Federal licenses, no special licenses or skill are required to operate the business.

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price
Inventory / Stock value:
$400,000 (USD) - included in the asking price

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