MergerPlace

Lumber/Ready Built Homes Business

South Dakota


  • Asking Price: $950,000
  • Gross Income: $1,587,261
  • Cash Flow: $220,356
  • Real Estate: $300,000
  • Inventory: $500,000
  • FF&E: $150,000
  • Listing ID: #212506
  • Established: 1978
  • Employees: 4 FT

Business Description

This east central South Dakota business has been supplying their customers and greater community with quality lumber, building materials, tools, paint and many other items for over four decades. In addition to offering hardware and lumber products, the business also offers ready built homes across South Dakota. Currently, the owner works part-time, manages his four employees and the overall success of the business. After more than 40 years, the owner would like to find a quality buyer to continue serving his long-time customer base and retire.


Business Details

Primary Business Category: Retail Trade - Building Material, Hardware & Garden
Location: South Dakota

Company Information

Year Established: 1978
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT

Financial Information

Asking Price: $950,000
Gross Revenue: $1,587,261
Cash Flow: $220,356
FF&E: $150,000
Inventory: $500,000
Real Estate: $300,000
Seller Financing Available: No

Property Information

Facilities:

The hardware and lumberyard sit on on acre off a busy highway in the center of town. The property has good visibility, access and parking. The Real Estate can be purchased or leased, the sale price is included in the asking price.

Growth & expansion opportunities:

Because the diverse nature of the revenue streams, there is good growth potential for the business. A new, aggressive owner can choose to grow lumber, hardware or ready built homes, or all three! The business is typically reactive when it comes to marketing and serving their large customer base, so an owner with a little creativity and effort will reap the benefits.

Competition:

Some minor competition exists, but this business is the industry leader in the region. In business for over 40 years, the business has built a loyal customer base throughout the community.

Reason for selling:

After four decades, owner is ready to sell his business and retire.

Support & Training:

Will train for 4 weeks @ $0 cost.

Contact Business Seller

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Business Listed By:

Rey Gonzales

Murphy Business Brokers