Southern Indiana Building Material Supply Store
Building Material Businesses for Sale / Hardware Businesses for Sale
- Primary Category: Building Material Businesses for Sale
- Secondary Category: Hardware/Lumber Businesses for Sale
This Southern Indiana building material supply store sells high quality building materials. It also sells both commercial and residential products. They offer a wide range of products in the following departments:
• Hand & Power Tools
• Fasteners & Hardware
• Paint & Sundries
• Electrical, Plumbing & HVAC
• Lawn, Garden, & Outdoor Living
• Automotive & Sporting Goods
• Housewares
• Pet & Farm Supplies
• Lumber
• Cold Weather Items
Services offered by the store include equipment maintenance, repair, and rental. As an authorized STIHL dealer, they offer residential and commercial products. Additionally, the store provides maintenance, parts, and repairs for STIHL products.
The stores reputation comes from its superb customer service. A strong focus on customer satisfaction, knowledgeable employees, and convenient ordering keep customers coming back. Customers range from construction companies and large commercial contractors to residential contractors and the DYI crowd. It appeals to everyone due to the variety of products offered. In fact, the store currently serves about 5,000 customers.
The building material supply store has a great location. It is close to all major forms of transportation. Major shipping hubs are close by, too. Situated on a road that sees over 4,000 vehicles per day, it has great visibility. There is ample room on the property to expand the store or add additional storage buildings.
Don’t miss out on this great opportunity!
Investment Considerations:
• Consistent Revenue Growth
• Management in Place
• Strong Employee Retention
• New POS System
• On-line Ordering Platform
• In-House Delivery
• Showroom & Lumber Yard
• Room for Expansion
Financial Information
- $2,000,000 Asking Price
- $409,655 Cash Flow
- $4,542,278 Gross Revenue
- Negotiable Down Payment
Business Location
- City: Southern Indiana
- State: Indiana
Reason for Sale
- The Seller is ready to retire.
Detailed information
- Year Established: 1954
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 13
- Part-Time Employees: 2
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: N/A
- Inventory Included: No
- Inventory Value: $1,200,000
- Monthly Rent: $7,900
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $0
- Building Size: 9800
- FF&E Included?: Yes
- FF&E Value: N/A
Training/Support
- The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.
Facilities
- The main building is approximately 9,800 SF of retail and office space. The additional buildings are used for material storage and machinery. Currently, the facility is at 85-90% capacity. The property has room for expansion. The Seller pays rent of $7,900 per month to the owning entity.
Market Outlook/Competition
- There are around five competitors within a 10-mile radius. While they provide some of the same goods and services, none have everything under one roof. The business mainly operates in the lumber & building materials and home improvement stores industries. The combined market size, in Indiana, is $8.6 billion with 744 stores. The market is tied to construction and renovation. Both continue to be strong despite inflation.
Real Estate Description
- The real estate is owned by the Seller. There are 6 buildings and a full lumber yard on 4 AC. The Seller is willing to sell the real estate or lease it for fair market value.
Business Listed by
Jeff Farren
Sunbelt of IndianapolisContact Business Broker
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