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

Mail Print Save

Retail Businesses 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

Financial Information

  • $7,500,000 Asking Price
  • $1,122,470 Cash Flow
  • $8,820,482 Gross Revenue
  • $0 Inventory

Business Location

  • City: Confidential
  • State: Virginia

Detailed information

  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Part time Employees: N/A
  • Real Estate Included: Yes
  • Real Estate Available: Yes
  • Real Estate Value: $

Contact Business Broker

Name*
Newsletter
This field is for validation purposes and should be left unchanged.

Business Listed by Sunbelt of Roanoke and Lynchburg
Contact
Mike Keen
Call Listing Broker (540) 777-1585
Listing ID
ROANOVA001-50072
Office Phone (540) 777-1585

Similar Businesses for Sale

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

You need to register to Sunbelt Network to get access to save your listing, setup BizBuzzTM alerts, and much more!

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

Confidential, Virginia

Overview Established in 1973, this Building Supplies and Hardware Store has $2.5M in inventory, 15.344 +/- acres, 40+ employees and...

$8.820m Gross Revenue
$1.122m Cash Flow
Asking Price $7.500m
View Listing Save

You need to register to Sunbelt Network to get access to save your listing, setup BizBuzzTM alerts, and much more!