MergerPlace

Building Supply and Home Center, with $550K Included

Confidential, West Virginia (Mercer)


  • Asking Price: $1,050,000
  • Gross Income: $3,198,500
  • Cash Flow: Not Disclosed
  • Real Estate: $500,000
  • Inventory: $550,000
  • FF&E: $400,000
  • Listing ID: #217515
  • Established: 1907
  • Employees: 13

Business Description

A very well respected business that has remained profitable through very challenging economic times, This business is expected to continue to serve the community, providing a gainful living for its employees and return a handsome profit for the new owners. This is being offered at a very reasonable price and terms for the owner/operator who can take the next step to manage and grow the business into the future.


Business Details

Primary Business Category: Retail Trade - Building Material, Hardware & Garden
Location: West Virginia
Metropolitan Area: Confidential
County: Mercer

Company Information

Year Established: 1907
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 13

Financial Information

Asking Price: $1,050,000
Gross Revenue: $3,198,500
EBITDA: $245,000
FF&E: $400,000
Inventory: $550,000
Real Estate: $500,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

Opportunity to expand in other location as well as opportunity to carry addition products in current location. Owner feels that building supply segment can grow with a more aggressive marketing campaign. The ownership by one family for multiple generations has resulted in a great deal of history, goodwill and nostalgia. Many traditional practices are expected to change with new ownership in the future.

Competition:

This business has coexisted with big box retailers located outside of town for several years. This business has not only survived but has thrived by working closely with contractors and providing exceptionally knowledgeable customer service.

Reason for selling:

Retirement

Support & Training:

Seller is willing to remain for three months as needed, to help train and assist new owner to assure a smooth transition. The seller also has a very well trained and experienced staff that will be available to work with the new owner.

Contact Business Seller

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Business Listed By:

Maxwell Knapp

Sunbelt West Virginia & Western Maryland