2753 High Cash Flow Lake Area Hardware and Lumber Store with Real Estate
2753 High Cash Flow Lake Area Hardware and Lumber Store with Real Estate
Price: $2,200,000
Location: Freestone County, TX
Industry: Building Material and Garden Equipment and Supplies Dealers
Listing ID: 2753
The owner runs a semi-absentee very popular and profitable, full-service hardware and lumber business that has been highly reliable for customers in and around a thriving lake-bound community for over 30 years. Cash flow is upward trending and 2022 adjusted seller discretionary earnings are approximately $620,000 and 2023 is projected to be approximately $730,000!
In addition, approximately $550,000 of inventory is included in the price. This includes lumber, hardware, fasteners, paint, supplies, plumbing, electrical, lawn and garden as well as hand and power tools and various stone. FF&E is close to $100,000 which includes trucks, forklifts, security systems, POS systems, and more.
Also included in this valuable business is close to 2 acres of prime land which has two buildings with a living quarter and a parking lot all in very good condition.
Total Sales: $2,404,953
Cash Flow: $619,143
FFE Included: Yes
FFE: $90,000
Reason For Sale:
Retirement
Training & Support:
The seller is ready to retire and will help with the buyer's transition and training. The manager and employees are already set in place to run the business hands-off. Do not miss this rare business opportunity!
Year Established: 1986
Days & Hours of Operation: Mon - Fri 7:30 am - 5 pm, Sat 7:30 am - 3 pm
Owner Hours Per Week: 40
Non-Owner Payroll: $10,541
Employees: 3 FT + 3 PT + Owner
Type of Location: Free Standing
Square Footage: 6,300 SF
Facilities Information:
1.96 acres of land included in sale
Historical Summary:
Located within a few hundred yards of a thriving lake community where many of the owners purchase lumber and hardware as well and home builders purchase many products for new builds/remodels. It has been the go-to business for thousands of quality products, reliable service, and expert advice.
Potential Growth:
A new savvy owner can add an online presence as currently there are no online sales. The business has an established system and process in place to service its loyal and large customer base.
For more information on this listing, please complete our Non-Disclosure Agreement
ANA Brokers
Phone: (972) 726-6000
Email: sales@anabrokers.com
