TYPE OF BUSINESS: Building Products Distributor and Retail Store. The current owner has been selling quality lumber and building materials to the surrounding area for over 14 years. This business is located in western WI. The company is a contractor/homeowner supply business with a sales breakdown of 65% contractors, 25% homeowners, and 10% DIY projects.
They provide everything the contractor/homeowner needs, such as professional design and 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.
FACILITY: Multiple buildings total 15,688 sq. ft. of warehouse, showroom, and office. The property is serviced by private water and sewer.
EMPLOYEES: Owner-operator with a full-time store manager (10 + years), and eight full-time staff. Most employees have been with the company for several years.
GROSS SALES/CASH FLOW: 2024 gross sales were $5,594,157. This is over $1 million than last year during the same time period. The cash flow was approximately $675,365! 2023 gross sales were $4,541,081, and cash flow was approximately $421,960. 2022 gross sales were $5,548,387, and cash flow was approximately $383,470. 2021 gross sales were $5,332,889, and cash flow was approximately $348,217.
ASKING PRICE: The asking price for the business is $950,000. This includes equipment, furniture, and fixtures, estimated to be worth approximately $320,000. Inventory, valued at approximately $300,000, is not included. The asking price for the buildings and 4 acres of property is $1,550,000. Bank financing for the business and buildings is available to a qualified buyer.
REASON FOR SALE: Retirement wanting to spend more time with family.