50 y.o Hardware & Building Supply Business in a Growing Virginia Lake Community

Retail Businesses for Sale

• Primary Category: Nursery & Garden Centers for Sale

Overview
Established in 1973, this Building Supplies and Hardware Store has $2.5M in inventory, 15.344 +/- acres, 40+ employees and has had year over year growth for the last several years. This year has been a record year with over 8M in sales and a cash flow of over $1M.

Strengths
-No competitors within 20 miles
-Located near Smith Mountain Lake, a desirable and growing lake community
-48 years in the same location
-Real estate is included in the purchase
-40+ trained employees
-Year over year growth for several years
-7M record growth in 2019
-8M record growth in 2020
-Name recognition and highly reputable
-Inependently owned with national branded cooperative which provides:
More benefit in buying power
Competitive materials cost
Fast delivery
Wide product selection



Perfect Opportunity For:
-Strategic buyer interested in growth via acquisition
-Wealthy buyer seeking a profitable and high cash-flowing business
-CEO interested in an entrepreneurial shift

Listed By: Mike Keen