Building materials and lumber retail store

TYPE OF BUSINESS: Building materials and lumber retail store. The current owner has been selling quality building materials and assorted lumber to the surrounding area for over 6 years. The company is a contractor/homeowner supply business.

They provide everything the contractor/homeowner needs, such as professional design & drafting, decking, cabinetry, windows, doors, millwork, roofing, and assorted tools available for sale and rent, to name a few. They work with approximately 40 major vendors every week and another 40 minor vendors 10 -20 times a year. The owner is willing to stay on staff for some time to ensure a smooth transition.

The hours of the operation are 7:30 a.m. – 4:30 p.m. Monday – Friday. 

FACILITY:  The first building is a two-story, 11,200 sq. ft. showroom and office. The second building is 3,600 sq. ft. for lumber storage, the third building is 4,508 sq. ft. for lumber storage, the fourth building is 6,840 sq. ft. for lumber storage, the fifth building is a two-story 7,076 sq. ft. for doors, windows, and tools storage, sixth building 5,200 sq. ft. for warehouse and loading dock. The seventh, eighth, and ninth building has 9,820 sq. ft of open storage. The property is serviced by private water and sewer.

EMPLOYEES: Owner is a part-time operator with a full-time store manager and 4 full-time staff.

GROSS SALES/CASH FLOW:  The gross sales for 2023 were $1,382,079, cash flow was approx. $80,355. 2022 gross sales were $2,061,952, 2021 gross sales were $2,051,618.

ASKING PRICE: The asking price for the business is $111,000. This includes equipment, furniture, and fixtures, which are estimated to be worth $152,850. Inventory, valued at approximately $250,000, is not included. The asking price for the buildings and property is $999,000.

 

REASON FOR SALE:  Retirement.

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About Bill Kraemer

Bill Kraemer brings a unique skill set to the business broker arena. As a former business owner himself, Bill understands what it takes to develop, build and successfully sell a business for maximum value. He has the unparalleled ability to identify individual strengths and align buyers with the proper businesses. His passion, experience and honest approach give him the ability to relate to business owners and their enterprises. Bill has over 30 years experience in the Minneapolis/St. Paul marketplace and has established a reputation as a trusted business advisor to clients and businesses alike. He specializes in buy/sell transactions spanning across manufacturing, distribution, franchises and service industries. Bill lives in Apple Valley with his wife of 32 years, Susan and their two children – Lauren and Nick. Bill loves spending time with family and friends and is an avid outdoorsman.

Contact the listing agent to learn more.