Highly Profitable Northern California Hardware and Lumber Business
Location: Northern California
Industry: Building Material and Garden Equipment and Supplies Dealers
Listing ID: 6370
Listing Status: New
This locally owned and operated hardware store with a complete full-service lumber yard has been in operation for 50 years. The business serves both building professionals and DIY customers from across its rural Northern California county in the Sierra Nevada Foothills. The store is affiliated with a national hardware brand and stocks a full line of building supply materials for any job, from foundations to roofing. The business handles special orders, delivery, and offers key cutting, pipe threading, and lock rekeying.
This business has stood the test of time. It has streamlined systems and processes that provide an efficient “drive-through” experience for its commercial customers. The store and lumber yard run like clockwork, are clean and organized and operate with a robust POS/inventory computer system. The company has also developed tools for tracking the lumber industry and real estate trends, which the
seller is open to sharing with a new buyer.
As rebuilding from recent fires continues, this business has potential opportunities to take advantage of the expected high demand from local builders in the coming years.
The business and real estate have been SBA pre-approved with down payment as low as 10% and loan term for both together at 16 years, depending on borrower’s qualifications, deal structure, and market conditions.
Total Sales: $3,883,406
Cash Flow: $639,191
FFE Included: Yes
Inventory Included: Yes
Year Established: 1972
Days & Hours of Operation: Monday-Friday 8 AM- 5 PM; Saturday 9 AM- 4 PM
Real Estate: $950,000
Real Estate Included: No
Facilities Information: 3 Buildings, 1 covered storage.
The main retail building is 4,438 sq. ft. The second building, used as a showroom, is 1,472 sq. ft. In the center of the property is a covered 4,000 sq. ft. storage area for lumber. At the rear of the property are three 1,200 sq. ft. storage buildings. There are also two small storage sheds on the property
3 Buildings, 1 covered storage.
Training & Support: Yes