Business Highlights: After over 20 years of running this business, the seller is ready to retire. With several locations in Central NY serving the local contracting trades, farmers and homeowners. Product lines include Building Supplies (millwork, cabinets, decking, lumber, drywall, etc.) plus hardware (with a national affiliation), paint and other associated product lines.
The current owner operates in a semi-absentee ownership capacity, managing the multiple locations. Each location is fully staffed with day-to-day management.
Growth/Expansion Opportunity: A new owner could easily expand the business by pursuing a larger geography – outside sales, etc. The local client base is steady due to the location and convenience of the store locations.
Requirements: Hardware Store, Lumber Yards, Retail Store Management is preferred but not necessary. The current owner will offer a reasonable long-term transition.
Transition: 30 calendar days included in the sale price; additional days can be negotiated.
Inventory: Inventory estimated value @ $525,000 and fluctuates daily.
FF&E: POS, Registers, Racking and Store fixtures, Build Out – $70,000.
Facilities: Owner-owned and occupied valued at $1,150,000 – consisting of over 3.1 Acres and Buildings consisting of over 52,000 SQFT of which 20,000 SQFT is retail.
Financing: TBD – SBA Financing Available for Qualified Buyer.
FFE: $70,000(Included in Price)
Inventory: $525,000(Included in Price)
Real Estate: $1,150,000(Included in Price)
Reason For Sale: Retirement
Training & Support: 30 calendar days included in the sale; additional days can be negotiated.
